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Stride Tutoring Named Qualified Vendor for Michigan's $150M Tutoring Initiative

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Stride Tutoring, a portfolio brand of Stride, Inc. (NYSE: LRN), has been named as a qualified, pre-approved vendor for the Michigan Association of Intermediate School Advisors (MAISA), allowing school districts in Michigan to pursue funding through the 23g MI Kids Back on Track Grant Program. The state of Michigan has allocated a substantial $150 million for tutoring initiatives in response to significant learning challenges in the wake of the COVID-19 pandemic. Stride Tutoring offers online tutoring support to school districts and directly to consumers, connecting students with experienced teachers specializing in various subjects. The company's commitment to providing quality educational support to students in need is highlighted through its inclusion as an MAISA approved vendor. Stride Tutoring's offerings have been certified to meet the Level IV evidence requirements of the Every Student Succeeds Act (ESSA), providing evidence-based solutions for educational recovery in Michigan.
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The inclusion of Stride Tutoring as a pre-approved vendor by the Michigan Association of Intermediate School Advisors (MAISA) for the 23g MI Kids Back on Track Grant Program signifies a strategic move by the state of Michigan to mitigate the educational disruptions caused by the COVID-19 pandemic. This partnership aligns with the broader policy initiative to allocate $150 million towards tutoring to address learning loss.

From an education policy perspective, the recognition of high-dosage tutoring as an effective intervention is noteworthy. This approach typically involves frequent, intense tutoring sessions that are closely aligned with a student's school curriculum. The evidence-based nature of Stride Tutoring’s programs, meeting the Level IV evidence requirements of the Every Student Succeeds Act (ESSA), provides a layer of assurance regarding the efficacy of the services offered. This could potentially lead to improved educational outcomes and long-term benefits for the students in Michigan.

Stride, Inc.'s (NYSE: LRN) announcement of Stride Tutoring's selection as an MAISA approved vendor could have positive financial implications for the company. The access to grant funds through the 23g MI Kids Back on Track Grant Program could lead to an increased demand for Stride Tutoring's services, thereby potentially boosting Stride, Inc.'s revenue streams.

Investors might view this development favorably as it reflects the company's ability to secure institutional partnerships and expand its market presence in the educational sector. It also indicates Stride, Inc.'s adaptability in offering scalable solutions for high-dosage tutoring, which is becoming increasingly important in the current educational landscape. However, it is essential to monitor the actual uptake of Stride Tutoring's services by Michigan school districts to gauge the real impact on the company's financials.

The demand for online tutoring services has seen a significant uptick as a direct consequence of the pandemic-induced shift to remote learning. Stride Tutoring's appointment as a qualified vendor positions the company to capitalize on this growing market. The focus on personalized and targeted instruction addresses the specific needs of students who have fallen behind academically during the pandemic.

Market trends indicate that personalized and evidence-based educational services are in high demand and Stride Tutoring's ability to offer detailed reports and customized lesson plans is a competitive edge. The scalability of their solutions, such as the ability to schedule small-group sessions, is also aligned with the current educational demand for flexible and adaptable learning interventions. The long-term market implications hinge on the company's performance and the overall effectiveness of its tutoring services in improving student outcomes.

MAISA adds online learning leader to vendor list for grant-funded high-impact tutoring

RESTON, Va.--(BUSINESS WIRE)-- Stride Tutoring is proud to announce that it has been named as a qualified, pre-approved vendor for the Michigan Association of Intermediate School Advisors (MAISA). This recognition allows school districts in Michigan to pursue funding through the 23g MI Kids Back on Track Grant Program, with Stride Tutoring as an approved provider.

"We are honored to be named as a qualified vendor for Michigan school districts to continue to meet the needs of their students," said Jennifer Moore, General Manager at Stride Tutoring. "At Stride Tutoring, we understand the impact of personalized and targeted instruction to help students regain their academic footing. As districts and communities continue to rebound from COVID-19 learning loss, our team of certified teacher tutors is excited to support students across Michigan."

In response to significant learning challenges in the wake of the COVID-19 pandemic, the state of Michigan has allocated a substantial $150 million for tutoring initiatives. High-dosage tutoring has emerged as a proven and effective tool in addressing the learning loss experienced by students. Stride Tutoring's inclusion as an MAISA approved vendor highlights the company's commitment to providing quality educational support to students in need.

A portfolio brand of Stride, Inc. (NYSE: LRN), Stride Tutoring offers online tutoring support to school districts and directly to consumers. Stride Tutoring connects students with experienced teachers specializing in math, science, English, and many other subjects. Stride’s personalized tutoring helps learners maintain their academic pace, catch up, or even surge ahead as tutors customize lesson plans to each student’s specific learning needs, strengths, and interests.

Stride Tutoring offers a variety of scalable solutions for high-dosage tutoring, including the ability to schedule small-group sessions during the school day and providing detailed student- and school-level reports. Schools and districts can also feel confident in the evidence-based nature of Stride Tutoring’s offerings, which have been certified to meet the Level IV evidence requirements of the Every Student Succeeds Act (ESSA).

As Michigan continues to prioritize educational recovery, Stride Tutoring stands ready to support school districts in their efforts to bridge the learning gap. For more information about Stride Tutoring, visit stridetutoring.com/schools-districts/.

About Stride, Inc.

At Stride, Inc. (NYSE: LRN), we are reimagining learning—where learning is lifelong, deeply personal, and prepares learners for tomorrow. The company has transformed millions of people’s teaching and learning experiences by providing innovative, high-quality, tech-enabled education solutions, curriculums, and programs directly to students, schools, the military, and enterprises in primary, secondary, and postsecondary settings. Stride is a premier provider of K–12 education for students, schools, and districts, including career learning services through middle and high school curriculums. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. More information can be found at stridelearning.com.

Emily Riordan

Director, Corporate Communications

Stride, Inc.

Press@K12.com

Source: Stride, Inc.

FAQ

What is the ticker symbol for Stride, Inc.?

The ticker symbol for Stride, Inc. is LRN.

What is the purpose of the 23g MI Kids Back on Track Grant Program?

The purpose of the 23g MI Kids Back on Track Grant Program is to provide funding for tutoring initiatives in response to significant learning challenges in the wake of the COVID-19 pandemic.

What subjects do the experienced teachers at Stride Tutoring specialize in?

The experienced teachers at Stride Tutoring specialize in math, science, English, and many other subjects.

What evidence requirements have Stride Tutoring's offerings been certified to meet?

Stride Tutoring's offerings have been certified to meet the Level IV evidence requirements of the Every Student Succeeds Act (ESSA).

What is the purpose of Stride Tutoring's inclusion as an MAISA approved vendor?

The purpose of Stride Tutoring's inclusion as an MAISA approved vendor is to provide quality educational support to students in need and to support school districts in their efforts to bridge the learning gap.

Stride, Inc.

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