Fast Company Names Kaplan’s All Access License as a Winner in its 2024 World Changing Ideas Awards

Rhea-AI Summary

Fast Company has recognized Kaplan's All Access License as a winner in the 2024 World Changing Ideas Awards in the Large Business: 1,000+ Employees category. Launched in 2022, Kaplan’s All Access License offers colleges and universities the chance to provide free test prep courses for various high-stakes exams, including the GRE, GMAT, and LSAT, at zero cost to students. This initiative has already seen positive outcomes, with Cleveland State University extending the offering to alumni and half of all participating students coming from underserved backgrounds. Kaplan, with over 85 years of test prep experience, aims to close the opportunity gap and improve career readiness for students, particularly those from minority and low-income families. Kaplan was previously honored in 2023 on Fast Company’s Brands That Matter list for its cultural relevance and community impact.

Positive

• Kaplan's All Access License recognized in 2024 World Changing Ideas Awards.
• Program launched in 2022; offers free test prep for high-stakes exams.
• No out-of-pocket costs for students.
• Positive outcomes reported by Cleveland State University.
• Half of participating students are underserved minorities or from low-income families.
• Kaplan has over 85 years of test prep experience.
• Kaplan named to Fast Company's Brands That Matter list in 2023.
• Includes partners like Cleveland State University, Howard University, and Rutgers Law School.

Negative

• No direct financial or stock performance data provided in the PR.
• Potentially high costs for schools investing in the All Access License.
• Unclear metrics on overall impact and long-term success of the initiative.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Fast Company has named Kaplan’s All Access License as a winner in its 2024 World Changing Ideas Awards, in the Large Business: 1,000+ Employees category. Kaplan’s All Access License, launched in 2022, enables colleges and universities to help their students prepare for a variety of high-stakes admissions and licensing exams that they need to score well on to reach their professional goals — with zero out-of-pocket costs for students. When a school makes the investment in Kaplan’s career path-changing offering, students can take a number of test prep courses for free, including for the GRE®, GMAT®, LSAT®, MCAT®, DAT®, bar exam, USMLE®, INBDE®, and NCLEX-RN® exam. Additionally, students can prepare for a number of business and financial-focused products at no cost to them.

Kaplan has prepared students for standardized tests for more than 85 years, and among its All Access License partners are Cleveland State University, Xavier University of Louisiana, Howard University, Delaware State University, Talladega College, Stillman College, Fisk University, Hampton University, Spelman College, Alabama A&M University, University of Detroit Mercy, and Rutgers Law School. Cleveland State University, among Kaplan’s first partners, reports outstanding results and most recently extended the offering to alumni.

“Kaplan’s All Access License closes the opportunity gap by letting colleges and universities provide our best-in-class test prep to their students at no cost to them or their families. One particular point of pride is that half of all students using All Access are underserved minorities, first generation college students, or students from low income families, helping to improve career outcomes and diversify industries from law to medicine to finance, and more,” said Gregory Marino, CEO, Kaplan North America. “Thank you to Fast Company for this recognition and understanding that as leaders in education, we need to provide as many students as possible with an equal shot at both educational attainment and career readiness.”

In 2023, Kaplan was named to Fast Company’s prestigious Brands That Matter list, which honors organizations that have demonstrated cultural relevance and impact through compelling branding and efforts that naturally extend their presence into the communities they serve. Specifically, Kaplan was included in the list’s General Excellence category, as one of 13 brands that are working to build a better future.

This year’s World Changing Ideas Awards showcase 50 winners, 127 finalists, and 172 honorable mentions — with health, education, energy, and AI among the most popular categories. A panel of Fast Company editors and reporters selected winners from a pool of more than 1,300 entries.

Interested partners can learn more and request a conversation about Kaplan’s All Access License. And reporters interested in covering this growing sector of the higher education landscape can contact Russell Schaffer at russell.schaffer@kaplan.com.

Test names and other trademarks are the property of the respective trademark holders.

About Kaplan

Kaplan, Inc. is a global educational services company that helps individuals and institutions advance their goals in an ever-changing world. Our broad portfolio of solutions help students and professionals further their education and careers, universities and educational institutions attract and support students, and businesses maximize employee recruitment, retainment, and development. Stanley Kaplan founded our company in 1938 with a mission to expand educational opportunities for students of all backgrounds. Today, our thousands of employees working in 27 countries/regions continue Stanley’s mission as they serve about 1.2 million students and professionals, 15,000 corporate clients, and 3,300 schools, school districts, colleges, and universities worldwide. Kaplan is a subsidiary of the Graham Holdings Company (NYSE: GHC). Learn more at kaplan.com.

Note to editors: Kaplan is a subsidiary of Graham Holdings Company (NYSE: GHC)

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514643621/en/

Press Contact: Russell Schaffer, russell.schaffer@kaplan.com

Twitter: @KaplanEdNews

Source: Kaplan, Inc.

FAQ

What award did Kaplan's All Access License win from Fast Company in 2024?

Kaplan's All Access License won the 2024 World Changing Ideas Award in the Large Business: 1,000+ Employees category from Fast Company.

When was Kaplan's All Access License launched?

Kaplan's All Access License was launched in 2022.

Which exams are covered under Kaplan's All Access License?

Kaplan's All Access License covers exams like the GRE, GMAT, LSAT, MCAT, DAT, bar exam, USMLE, INBDE, and NCLEX-RN.

How does Kaplan's All Access License benefit students financially?

Kaplan's All Access License allows students to take test prep courses for free, with no out-of-pocket costs.

Which universities are partners in Kaplan's All Access License program?

Partners include Cleveland State University, Howard University, Delaware State University, and Rutgers Law School, among others.

What percentage of students using Kaplan's All Access License are underserved minorities?

Half of the students using Kaplan's All Access License are underserved minorities, first-generation college students, or come from low-income families.

What previous recognition did Kaplan receive from Fast Company in 2023?

Kaplan was named to Fast Company's Brands That Matter list in 2023.