Stride Tutoring Partners with Michigan Virtual to Bring High-Impact Tutoring to Michigan Schools and Districts

Rhea-AI Summary

Stride Tutoring, a portfolio brand of Stride Inc. (LRN), has partnered with Michigan Virtual to provide high-impact tutoring services across Michigan schools and districts. The collaboration aims to support schools in utilizing the MI Kids Back on Track grant, offering personalized learning through certified teachers. Michigan Virtual, which has relationships with 700 Michigan school districts, will serve as the exclusive channel partner for Stride's ESSA Level III certified tutoring services. The partnership focuses on delivering evidence-based, one-on-one and small group tutoring to help bridge learning gaps and drive academic progress.

Positive

• Partnership with Michigan Virtual provides access to 700 school districts
• Exclusive channel partnership agreement secured
• Opportunity to capitalize on MI Kids Back on Track grant funding

Negative

• None.

Insights

Market Research Analyst

The partnership with Michigan Virtual represents a strategic market expansion for Stride in the education technology sector. While this deal taps into Michigan's 150 million MI Kids Back on Track grant program and provides access to 700 school districts, the immediate revenue impact appears The deal's structure as a channel partnership suggests gradual revenue recognition rather than an immediate material boost.

The ESSA Level III certification adds credibility but faces competition in a crowded edtech market. The partnership primarily strengthens Stride's position in Michigan's K-12 market, though the deal's financial terms and revenue projections are not disclosed. For investors, this represents incremental growth potential rather than a game-changing catalyst for LRN stock.

The partnership is designed to boost student success in Michigan through proven, evidence-based tutoring methods.

LANSING, Mich., Oct. 24, 2024 (GLOBE NEWSWIRE) -- Stride Tutoring, a portfolio brand of Stride, Inc., is excited to announce its partnership with Michigan Virtual, a trusted partner in education supporting and engaging Michigan’s K-12 community. This collaboration aims to bring high-impact tutoring to schools and districts across Michigan, helping students succeed through an evidence-based approach.

"We are thrilled to collaborate with Michigan Virtual in delivering high-quality, online tutoring services to students across Michigan,” said Jennifer Moore, General Manager of Stride Tutoring. “With their trusted relationships across 700 Michigan school districts and our proven expertise in delivering research-based tutoring with certified teachers, we’re confident that this partnership will bridge learning gaps and drive meaningful academic progress for students throughout the state."

As part of the partnership, Michigan Virtual and Stride Tutoring will work together to support Michigan schools and districts in making the best use of the MI Kids Back on Track grant. Stride Tutoring understands the demand for accessible and secure learning experiences and is leveraging cutting-edge virtual technology to bring the future of education directly to students. By partnering with Stride Tutoring, Michigan Virtual aims to expand the types of support it can provide to schools in the state.

"Tutoring personalizes learning for students, which is yet another step towards our priorities of broadening student pathways and driving educational change in Michigan,” said Walt Sutterlin, Michigan Virtual, Sr. Director of Strategic Communications & Partnerships. “We are excited to collaborate with Stride Tutoring and be the exclusive channel partner able to bring these services to students through the districts we support across the state.”

Stride Tutoring is an ESSA Level III certified provider of one-on-one and small group tutoring. Their evidence-based approach ensures that students receive personalized support tailored to their individual needs. By exclusively employing certified teachers, Stride Tutoring guarantees the highest quality of instruction.

This partnership applies to schools, districts, and other educational consortiums throughout Michigan. By leveraging the expertise of both Michigan Virtual and Stride Tutoring, users can access the resources and support necessary to help their students thrive.

For more information about Michigan Virtual and its partnership with Stride Tutoring, please visit https://michiganvirtual.org/stridetutoring/.

About Stride
Stride Inc. (NYSE: LRN) is redefining lifelong learning with innovative, high-quality education solutions. Serving learners in primary, secondary, and postsecondary settings, Stride provides a wide range of services including K-12 education, career learning, professional skills training, and talent development. Stride reaches learners in all 50 states and over 100 countries. Learn more at Stridelearning.com.

FAQ

What is the partnership between Stride Tutoring (LRN) and Michigan Virtual?

Stride Tutoring has partnered with Michigan Virtual to provide high-impact, evidence-based tutoring services to schools and districts across Michigan, with Michigan Virtual serving as the exclusive channel partner.

How many Michigan school districts can Stride (LRN) reach through the Michigan Virtual partnership?

Through the partnership with Michigan Virtual, Stride Tutoring can reach approximately 700 Michigan school districts.

What type of tutoring certification does Stride (LRN) hold?

Stride Tutoring is an ESSA Level III certified provider of one-on-one and small group tutoring services.