NEW YORK, May 17 /PRNewswire/ -- Kaplan, the world leader in test
preparation and admissions services, and Sallie Mae, the nation's largest
provider of student loans, have announced the launch of the Kaplan Student
Loan Program, a program designed to help graduate-school-bound students
finance Kaplan test preparation courses and tutoring. SLM Financial Corp., a
subsidiary of Sallie Mae, will provide low-interest education loans for
students enrolled in Kaplan's in-center and online test preparation courses
and tutoring.
"This program opens doors to students who might not otherwise be able to
afford test prep," said John Polstein, president of Kaplan Test Prep and
Admissions. "The Kaplan Student Loan Program combines our leadership in test
preparation and Sallie Mae's expertise in helping students finance their
educations to provide educational opportunities for students nationwide."
Kaplan and Sallie Mae have further collaborated online, forming a content
partnership between kaptest.com, Kaplan's test prep and admissions Web site,
and wiredscholar.comSM, Sallie Mae's new planning and paying for college
Internet resource. Visitors to either site can access kaptest.com's extensive
test preparation information and services, as well as wiredscholar.com's
college evaluation, selection, application and financing content.
"Sallie Mae is committed to helping students throughout the country
achieve a college education," said Tim Fitzpatrick, executive vice president
of Sallie Mae. "We are thrilled to partner with Kaplan to help students gain
access to important information and to pay for prep courses that will give
them an edge in the admissions process."
Any Kaplan student who is a U.S. citizen or a permanent resident with a
Social Security card is eligible for a Kaplan Student Loan. Students can
receive loans for 100 percent of their Kaplan tuition through SLM Financial
Corp. The loan repayment term and options vary for each student. Students
can apply for the loans at their local Kaplan center or by calling 1-800-KAP-
TEST.
Kaplan's goal has always been to ensure that all students have access to
important test preparation services for college and grad school entrance
exams. For years, Kaplan's community outreach division has been providing free
or discounted college admissions services and financial aid advice to
disadvantaged students. Such initiatives include: the Kaplan Good Sports
Scholars Program which helps motivated lower-income high school athletes by
providing college guidance; the PUENTE Learning Center in East Los Angeles,
which provides inner city youth and their parents with college admissions
workshops and guided tours of college campuses in the area; and the A. Phillip
Randolph High School Mentoring Program, which helps students prepare for
college (including researching and selecting colleges, and writing application
essays).
Kaplan has further broadened access to test preparation and admissions
services through kaptest.com, which enables students around the world to take
advantage of Kaplan's moderately-priced online products and services, and
through kaptest.com's strategic partnerships with education leaders like
Sallie Mae. kaptest.com is a one-stop-shop for college- and graduate-school-
bound students. For college applicants, kaptest.com offers: an SAT exam prep
course; a college admissions course; application essay review; AP test prep
for five popular AP exams; and a range of free services such as financial aid
advice, virtual college tours, customized college search engines and links to
services for applying to college online. In the graduate and professional
school market, kaptest.com offers test preparation for GMAT, GRE, LSAT, NCLEX-
RN, CPA and USMLE exams online, as well as application essay review and a
variety of free information and services.
Sallie Mae
Sallie Mae (NYSE: SLM), founded 26 years ago, provides funds for
educational loans, primarily federally guaranteed student loans originated
under the Federal Family Education Loan Program (FFELP). The company currently
owns or manages student loans for 5.3 million borrowers and also provides
parents, students and educators with comprehensive information on the
financial aid process. Through its specialized subsidiaries and divisions,
Sallie Mae also provides an array of consumer credit loans, including those
for life-long learning and K-12 education, and business and technical
outsourcing services for colleges and universities. More information is
available at http://www.salliemae.com.
Wiredscholar.com is an independent Sallie Mae brand that extends the
company's commitment to helping students achieve higher education. For more
information, visit http://www.wiredscholar.com.
Kaplan, Inc.
Kaplan (http://www.kaplan.com) is a premier provider of educational and career
services to individuals, schools and businesses. Kaplan offers test prep and
admissions services (http://www.kaptest.com); K-12 educational programs for kids and
parents through SCORE! Learning Corporation and http://www.eSCORE.com; on-site
education and professional development at schools and universities; books and
software; professional educational services; and distance learning programs
(http://www.KaplanCollege.com). Kaplan is also the majority shareholder in BrassRing
Inc. (http://www.BrassRing.com), which combines recruiting, career development and
hiring management services for employers and job candidates. Kaplan is a
subsidiary of The Washington Post Company (NYSE: WPO).
Note: Kaplan is a wholly owned subsidiary of The Washington Post Company
(NYSE: WPO)
SOURCE WiredScholar.com
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Related links:
http://www.wiredscholar.com
Company News On-Call:
http://www.prnewswire.com/comp/147826.html or fax,
800-758-5804, ext. 147826
CONTACT:
Katherine Engstrom of Kaplan, 212-974-2769 or
k_engstrom@kaplan.com
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