Chegg and Cengage to Offer 1 to 1 Online Tutoring to Students in STEM Disciplines
On-Demand, Online Tutors Accessible This Fall for Students Using WebAssign
June 21, 2017 – Santa Clara, Calif., and Boston, Mass. – Chegg (NYSE:CHGG), the Smarter Way to Student, and Cengage, an education and technology company, today announced plans to incorporate on-demand expert tutors for students in STEM (science, technology, engineering and math) disciplines. Chegg Tutors, a network of online, on-demand live human vetted expert tutors, will be directly accessible to all students using WebAssign, an online assessment and homework solution.
Beginning this fall, students using WebAssign will be provided with 30 minutes of free 1 on 1 instruction through Chegg Tutors, with the additional option to continue their learning at a student-first, affordable, pricepoint (as inexpensive as $0.50 per minute)*.
“Through this partnership, the 1.6 million students that will use WebAssign in 2017 and 2018 will have frictionless, rapid, access to a Chegg Tutor: a live, vetted, human subject matter expert available to coach that student through even the most challenging concepts,” said Nathan Schultz, Chegg’s Chief Learning Officer. “We’ve chosen to partner with Cengage because of our shared commitment to improving academic outcomes by leveraging the technologies and tools that modern students demand and expect.”
“At Cengage, we are focused on improving learning outcomes through increased digital usage,” said Balraj Kalsi, Senior Vice President and General Manager of Science, Technology and Math at Cengage. “In partnering with Chegg, we are providing a convenient, on-demand support option from within the WebAssign platform, to boost student confidence as they work through difficult concepts.”
Chegg puts students first. As the leading student-first connected learning platform, Chegg strives to improve the overall return on investment in education by helping students learn more in less time and at a lower cost. Chegg is a publicly-held company based in Santa Clara, California, and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com
Cengage is the education and technology company built for learners. The company serves the higher education, K-12, professional, library and workforce training markets worldwide. Cengage creates learning experiences that build confidence and momentum toward the future students want. The company is headquartered in Boston, MA with an office hub in San Francisco. Employees reside in nearly 40 countries with sales in more than 125 countries around the world. Visit us at www.cengage.com or find us on Facebook or Twitter.
SAFE HARBOR STATEMENT
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including that Chegg anticipates that students using WebAssign will have access to 30 free minutes with Chegg Tutors. Therefore, actual results, performance or achievements may differ materially and adversely from those expressed in any forward-looking statements. For information regarding other related risks, see the “Risk Factors” section of Chegg’s Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2017 filed with the Securities and Exchange Commission, or SEC, on May 1, 2017, and Chegg’s other SEC filings. You can obtain copies of Chegg’s SEC filings on the SEC’s website at www.sec.gov or at Chegg’s Investor Relations website at investor.chegg.com. The forward-looking statements included herein are made only as of the date hereof, and Chegg undertakes an obligation to revise or update any forward-looking statements for any reason except as required by law.