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Career colleges looking for an affordable way to offer online courses could benefit from a new corporate partnership. McGraw-Hill Online Learning and Embanet Corporation are teaming up to offer a new product that makes curriculum content development, web site hosting and support more affordable.
The two companies are nearly a perfect match for each other in developing such an offer. The McGraw-Hill, Embanet partnership will provide a “ready-to-go” online solution with robust course content provided by McGraw-Hill Education. Embanet will offer hosting in a Tier 1 Data Center and 24-hour live technical support for faculty and students provided by Embanet. The product can be coupled with a variety of learning management systems.
“Although online learning has become the norm, many career colleges still face financial barriers to offering a quality, robust e-learning environment,” said Jeff Schultz, vice president of McGraw-Hill Online. “This alliance enables us to couple extensive content with exceptional hosting and student and instructor support to offer these colleges a top-notch solution at an affordable price.”
Through this partnership, career colleges will now have a way to provide complete online courses to students, expand their regional reach, and generate additional tuition revenue with little to no up-front investment and a short time frame. Rather than finance a comprehensive learning solution themselves, the colleges can purchase a per-seat, per-term, per-course license to make it easy to implement online courses without a large initial investment.
The program’s tiered pricing structure is based on the type of support each college needs. All packages include hosting and 24-hour e-mail support. Other service options include 24-hour telephone assistance, support of third-party plug-ins, and advanced faculty telephone support.
“For over a decade, the marketplace has supported our approach of providing the highest quality of hosting and support services that keep more students in the seats and maximize the return on investment,” said Jeffrey Feldberg, chairman of Embanet.
“We are pleased to be able to work with McGraw-Hill, a leading global provider of electronic and print learning materials, to offer this turnkey solution to career colleges,” said Feldberg. “Together we are changing the social fabric of society, one graduate at a time. The Embanet and McGraw-Hill partnership removes the barriers of entry to institutions so they can start benefiting today, help their local community, protect their market share, and grow their return on investment.”
More than 50 courses covering all major academic subjects will be available through the McGraw-Hill/Embanet partnership by the end of 2006.
About McGraw-Hill Online Learning
McGraw-Hill Online Learning is part of McGraw-Hill Higher Education’s Learning Solutions group, which creates digital learning solutions combining content, technology and curriculum development services for the higher education market. McGraw-Hill Higher Education is a unit of McGraw-Hill Education, a leading global provider of instructional, assessment and reference solutions that empower professionals and students of all ages.
About Embanet Corporation
Embanet is the leading provider of fully hosted and supported e-learning solutions to educational institutions. Embanet’s Tier 1 Data Center, 24-hour live technical support and course development help achieve high online retention and completion rates. Embanet offers the sector’s only “e-learning insurance” to safeguard schools’ investments from changing technologies through the total integration of eight leading and non-proprietary learning platforms.
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