Washington Post 2005 Annual Report Download - page 29

During 2005 the Test Preparation and Admissions Division provided courses to over 280,000 students (including over
80,000 enrolled in online programs) and provided courses at 161 permanent centers located throughout the United
States and in Canada, Puerto Rico, Mexico, London and Paris. In addition, Kaplan licenses material for certain of these
courses to third parties who during 2005 offered test prep courses at 39 locations in 14 foreign countries. The Test
Preparation and Admissions Division also is the co-publisher with Simon & Schuster of 187 book titles, predominantly in the
areas of test preparation, admissions and career guidance, and develops educational software for the KÓ12, graduate
and English-as-a-second-language markets which is sold through an arrangement with a third party that is responsible for
production and distribution. This division also produces a college newsstand guide in conjunction with Newsweek.
Acquired in 2005 and included in Kaplan's Test Preparation and Admissions division is The Kidum Group, which is a
provider of test preparation and English-as-a-second-language courses in Israel. During 2005 the Kidum Group provided
courses to over 40,000 students at 49 permanent centers located throughout Israel.
Kaplan's Professional Division offers continuing education, certification, licensing, exam preparation and professional
development to corporations and to individuals seeking to advance their careers in a variety of disciplines. This division
includes Kaplan Financial (formerly known as Dearborn Financial Services), a provider of continuing education and test
preparation courses for financial services and insurance industry professionals; Dearborn Publishing, publisher of a variety
of business and real estate books as well as printed and online course materials for licensing, test preparation and
continuing education in the real estate, architecture, home inspection, engineering and construction industries; The
Schweser Study Program, a provider of test preparation courses for the Chartered Financial Analyst and Financial Risk
Manager examinations; Kaplan CPA, which offers test preparation courses for the Certified Public Accounting Exam;
Kaplan Professional Schools, a provider of courses for real estate, financial services and home inspection licensing
examinations as well as continuing education in those areas; Perfect Access Speer, a provider of software consulting and
software training products, primarily to the legal profession; and Kaplan IT, which offers online test preparation courses for
technical certifications in the information technology industry. The courses offered by Kaplan's Professional Division are
provided in various formats (including classroom-based instruction, online programs, printed study guides, in-house training
and audio CD's) and at a wide range of per-course prices. During 2005 this division sold approximately 500,000
courses and separately priced course components to students (who in some subject areas typically purchase more than
one course component offered by the division). In April 2005 Kaplan acquired BISYS Education Services, a provider of
regulatory compliance tracking software and services for financial service and insurance firms. BISYS Education Services
subsequently became part of Kaplan Financial.
Kaplan's Score! Educational Centers offer computer-based learning and individualized tutoring for children from pre-K
through the 10th grade. In 2005 this business provided after-school educational services through 168 Score centers
located in various areas of the United States to more than 80,000 students. Score's services are provided in facilities
separate from Kaplan's test preparation centers.
FTC Kaplan Limited (""FTC''), formerly known as The Financial Training Company, is a U.K.-based provider of training and
test preparation services for accounting and financial services professionals. At year-end 2005, FTC was the publisher of
more than 200 textbooks and manuals and during the year had provided courses to over 40,000 students. Headquar-
tered in London, FTC has 22 training centers around the United Kingdom as well as operations in Hong Kong, Shanghai
and Singapore.
The Higher Education Division of Kaplan currently consists of 75 schools in 19 states that provide classroom-based
instruction and three institutions that specialize in distance education. The schools providing classroom-based instruction
offer a variety of bachelor degree, associate degree and diploma programs primarily in the fields of healthcare, business,
paralegal studies, information technology, criminal justice and fashion and design. These schools were serving more than
34,000 students at year-end 2005 (which total includes the classroom-based programs of Kaplan University), with
approximately 40% of such students enrolled in accredited bachelor or associate degree programs. Each of these schools
has its own accreditation from one of several regional or national accrediting agencies recognized by the U.S. Department
of Education. The institutions that specialize in distance education are Kaplan University, Concord Law School and The
College for Professional Studies. Kaplan University offers various master degree, bachelor degree, associate degree and
certificate programs, principally in the fields of management, criminal justice, paralegal studies, information technology,
financial planning, nursing and education, and is accredited by the Higher Learning Commission of the North Central
Association of Colleges and Schools. Some of Kaplan University's programs are offered online while others are offered in
a traditional classroom format at the school's Davenport, Iowa campus. At year-end 2005, Kaplan University had
approximately 24,000 students enrolled in online programs. Concord Law School, the nation's first online law school,
offers Juris Doctor and Executive Juris Doctor degrees wholly online (the Executive Juris Doctor degree program is
designed for individuals who do not intend to practice law). At year-end 2005, approximately 1,500 students were
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