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Kaplan’s All Access License Wins “Test Prep Innovation Of The Year” For Second Consecutive Year in the 6th Annual EdTech Breakthrough Awards Program

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Kaplan's All Access License has been awarded the 'Test Prep Innovation of the Year' for the second consecutive year by EdTech Breakthrough. This accolade highlights Kaplan's significant contribution to the educational technology sector. The All Access License allows colleges and universities to offer students free access to Kaplan's test prep resources, covering exams like the GRE, GMAT, LSAT, MCAT, NCLEX-RN, USMLE, and others, potentially saving students hundreds of thousands of dollars. Notable partners include Xavier University of Louisiana, Howard University, Spelman College, and Cleveland State University. This initiative primarily benefits underserved minorities, first-generation college students, and low-income families, aiming to diversify professional fields.

Positive
  • Kaplan's All Access License won 'Test Prep Innovation of the Year' for the second consecutive year.
  • The award recognizes Kaplan's contributions to educational technology.
  • Colleges and universities can provide students with free access to Kaplan's test prep resources.
  • The program covers major exams including GRE, GMAT, LSAT, MCAT, NCLEX-RN, USMLE, and others.
  • Potential cost savings for students can reach hundreds of thousands of dollars cumulatively.
  • Notable partners include Xavier University, Howard University, Spelman College, and Cleveland State University.
  • The initiative supports underserved minorities, first-generation college students, and low-income families.
  • Cleveland State University reported outstanding results and extended the offering to alumni.
Negative
  • No financial metrics disclosed regarding revenue impact from the All Access License.
  • The PR lacks specific data on the number of students benefiting or the exact financial savings achieved.
  • No detailed information on the cost for universities to implement the All Access License.
  • The overall impact on Kaplan's stock performance is not clear from the PR.

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Global educational services provider Kaplan’s All Access License has been selected as the winner of the “Test Prep Innovation Of The Year” award in the 6th annual EdTech Breakthrough Awards program conducted by EdTech Breakthrough, a leading market intelligence organization that recognizes the top companies and solutions in the global educational technology market. Kaplan’s All Access License was also the category winner in 2023.

By investing in a Kaplan All Access License, colleges and universities can provide all of their students with access to Kaplan’s industry-leading test prep for admissions exams, licensure, credentialing programs, and workforce readiness programs with zero out of pocket costs for students, helping them reach their career goals. This can potentially save a school’s students hundreds of thousands of dollars, cumulatively. Exams that students can prepare for with Kaplan free-of-cost include the GRE®, GMAT®, LSAT®, MCAT®, NCLEX-RN®, USMLE®, Uniform Bar Exam® and Certified Financial Planner®, among many others.

Kaplan’s All Access License partners include some of the most dynamic historically black colleges and universities (HBCUs), including Xavier University of Louisiana, Howard University, and Spelman College. Cleveland State University is also a partner and reports outstanding results; it also recently extended the offering to alumni.

“We’re incredibly excited to receive the ‘Test Prep Innovation of the Year’ designation from EdTech Breakthrough for the second consecutive year, as it’s a strong validation that we continue to close the opportunity gap. Investing in the License empowers colleges and universities to provide our best-in-class test prep at no cost to their students and boosts the long term career prospects for everyone,” said Gregory Marino, CEO, Kaplan North America. “We are particularly proud that many of the students taking All Access-provided courses are underserved minorities, first generation college students, or students from low income families, helping to diversify industries from law to medicine to business, and beyond. We believe that as education leaders, we all have a responsibility to provide as many students as possible with an equal shot at success.”

“All Access License offers students significant value and impact, while creating an even playing field for student success. Required standardized exams, like the LSAT, and other professional certifications needed for licensure are rigorous and expensive, resulting in barriers for many students,” said Steve Johansson, managing director, EdTech Breakthrough. “Kaplan’s All Access License narrows the opportunity gap and is an ideal solution for students unable to pay for test prep courses. Congratulations on winning ‘Test Prep Innovation of the Year’ and helping students successfully move on to the next level of their career or education.”

The mission of the EdTech Breakthrough Awards is to honor excellence and recognize the innovation and success in a range of educational technology categories, including Student Engagement, School Administration, Adaptive Learning, STEM Education, Remote Learning, and Career Preparation. This year’s program attracted thousands of nominations from around the world.

Reporters interested in covering this growing piece of Kaplan’s portfolio 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)

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

Twitter: @KaplanEdNews

Source: Kaplan, Inc.

FAQ

What award did Kaplan's All Access License win in 2023?

Kaplan's All Access License won the 'Test Prep Innovation of the Year' award in the 6th annual EdTech Breakthrough Awards program.

What does Kaplan's All Access License offer?

Kaplan's All Access License offers free access to test prep resources for exams like GRE, GMAT, LSAT, MCAT, NCLEX-RN, USMLE, and others.

Which universities are partners of Kaplan's All Access License?

Partners include Xavier University of Louisiana, Howard University, Spelman College, and Cleveland State University.

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

The license provides free access to test prep resources, potentially saving students hundreds of thousands of dollars cumulatively.

Who benefits most from Kaplan's All Access License?

The program primarily benefits underserved minorities, first-generation college students, and low-income families.

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