BOSTON, Sept. 29, 2015 /PRNewswire/ -- Today, ed tech startup Luvo (formerly Flashnotes.com), announced the launch of its new learning resource marketplace for college students, which now provides college students with immediate access to online tutors and student created, course-specific study materials they need to achieve academic success. The company also announced a Do Better Guarantee™, making Luvo the first company to pledge to improve a college student's grades with the use of its on-demand tutoring services - or the student will receive a full refund.
Luvo is the only company aimed at delivering academic support to college students that empowers tutors to set their own price to earn the compensation their expertise and experience command. This semester, Luvo is running more than 200 campus-wide programs in partnership with Barnes & Noble College bookstores across the country. These programs will introduce the Luvo marketplace to more than 2.5 million college students. In addition, Luvo is adding a second integration within Cengage Learning's digital course solutions to provide tutoring solutions directly within students' assignments, starting with Statistics.
"Luvo has an opportunity to be the difference between success and failure for today's college students," said Patrick Maloney, President of Barnes & Noble College. "Our strategic partnership with Luvo is an important part of our strategy to become more than just a bookstore on campus. We are part of a broader solution to help today's college students be successful in their pursuit to earn a college degree. In doing so, we're not only helping students, we're helping our university clients to retain their students and improve their overall academic outcomes."
"Providing great educational content to students and faculty is what Cengage does best, and the integration of Luvo allows Cengage to deliver solutions to help students with their academic challenges at the precise time they need them. This is a key differentiator in helping today's students be successful," said Jim Donohue, EVP and Chief Product Officer at Cengage Learning.
Knowledge gaps exist for nearly every student, and 50 percent of all college students do not graduate. Luvo found in a recent survey that 26 percent of students did not use on-campus tutoring services due to the center's hours of operation on their campuses. With Luvo, students now have access to on-demand tutoring services exactly when they need them — 24 hours a day, 7 days a week. Students can choose whether they want to learn from a classmate who sits three rows in front of them, or a professional who has been tutoring on the topic for 30 years. Unlike other online tutoring services that force students into a subscription, students using Luvo don't need to sign into a long-term contract – students only pay for the amount time they use the services. All tutoring sessions are billed by the minute based on the tutor's hourly rate. All sessions are archived, so students can go back to review content as often as they need. With the Luvo Do Better Guarantee™, any student who does not improve their grade in a course will receive a full refund.
"Because every student learns differently, we've enhanced our marketplace to provide students with the resources they need to succeed – when they need it. Whether you're a student who learns better getting one-on-one attention from a tutor or a student who needs a study guide for your next exam, you can now find the solution that will work best for you within our marketplace," said Mike Matousek, Luvo's founder and CEO. "We're so confident our platform will have a positive impact on learning outcomes of college students across the country, we're actually promising it with our Do Better Guarantee™."
For more information, visit www.LuvoLearn.com.
About Luvo
Headquartered in Boston, Mass., Luvo is the leading learning resource marketplace for college students. Luvo provides college students with immediate access to online tutors and student created, course-specific study materials they need to achieve academic success. Knowledge gaps exist for nearly every student, and 50% of all college students do not graduate. The Luvo Do Better Guarantee™ ensures a student's grade will improve or they will receive a full refund. Luvo also empowers sellers to set their own price to earn the compensation their expertise and experience should command. For more information, visit www.LuvoLearn.com.
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