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Manhattan Prep (MGPrep, Inc.) is an American test preparation company. The company was founded in 2000 in New York City by Zeke Vanderhoek, founder of the TEP charter school and a former New York public junior-high school teacher. [1] It focuses on preparation for the GMAT, GRE, and LSAT. In December 2009, Manhattan Prep was acquired by Kaplan ...
The Kaplan Educational Foundation (KEF) is an independent 501(c)(3) charity that offers undergraduate and graduate educational scholarship opportunities and other assistance to community college students in the New York City area who are traditionally overlooked, underserved and underrepresented, including African American, Latino, and Native ...
One of the best known such companies is Kaplan, Inc., which has offered SAT preparation courses since 1946. Starting with the 2015–16 school year, the College Board began working with Khan Academy to provide free online SAT preparation courses. [10] In the past, the test was taken using paper forms.
At the time of Stanley Kaplan's death in 2009, the Kaplan Co. brought in two-thirds of its annual revenue from other educational services besides SAT prep, such as pre-kindergarten and even accredited law programs. [3] In 2008, Kaplan Co.'s revenue was $2.3 billion, from an estimated one million students who enrolled in its courses that year. [3]
Grockit prepared students for the SAT, ACT, GMAT, LSAT and GRE standardized exams. [1] Students took practice tests while collaborating online with other users. [ 2 ] Grockit was founded in 2006 by Farbood Nivi, [ citation needed ] and in 2013 was acquired by Kaplan, Inc. [ 3 ] As of September 2016, the company ceased stand-alone operations.
Grayer joined Kaplan in 1990 as regional operations director, and held several titles before becoming president and CEO in July 1994. He was named Chairman and CEO of the education company in February 2002.(The Washingtonian, June 2005) When Grayer first became CEO of Kaplan in 1994, the company was an $80 million test preparation business. [3]
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