Contract: #MHEC-01312021
Parchment is the leader in education credentials technology, enabling learners, educators, and employers to collect, analyze, use, and share credentials in simple and secure ways. Over 3 million people and thousands of schools and universities have used Parchment to exchange more than 10 million transcripts and other credentials. The e-Transcripts and Supportive Services offered by Parchment include discount guarantees for basic and premium transcription services with flexible fee structures: state participation fee, subscription services, a combination of state fee and entity fee, or pay per transaction fee.
Key Updates with Amendment #1:
Extended Term: The agreement term has been extended through June 30, 2028.
Assignment to Instructure: Following Parchment’s acquisition, all rights and obligations under the agreement are now assigned to Instructure, Inc.
Updated Services List: The services list and pricing exhibit have been updated to reflect current offerings and product name changes. New transcript-related services have been added for enhanced functionality and better alignment with institutional needs.
Services Offered:
Award, K12: Electronic and printed transcripts, replacement diplomas/certificates, enrollment/degree verifications, and more with automated SIS integration.
Certificate Services: Issuing high-quality digital and print certificates with immediate access and online sharing capabilities.
CLR Services: Issuing Comprehensive Learner Records (CLR) and related transcripts that describe learning achievements inside and outside the classroom.
Digital Badge Services: Issuing digital badges for skills and competencies earned.
Diploma Services: Issuing high-quality digital and print diplomas with immediate access and online sharing capabilities.
District Transfer: Secure exchange of student records between schools and districts.
Transcript Services: Electronic and printed transcripts, replacement diplomas/certificates, enrollment/degree verifications, with automated SIS integration.
Verification Services: Secure exchange of auto-generated Degree and Enrollment Verification letters.
Course Sharing: Enabling collaborative course offerings among institutions.
Digitary Receive: Streamlined collection and organization of international transcripts and admissions documents.
Dual Enrollment: Digital solution for managing dual enrollment processes.
Parchment Receive for Secondary Exchange: Streamlined collection and organization of transcripts for secondary institutions.
Receive Data Automation (EDI/XML): Automated import of XML/EDI transcripts into PeopleSoft and other systems.
Receive Data Automation (Raptor): Automated ingestion of key admission and course information from transcripts into internal systems.
Receive Premium: Unified inbox for automating and streamlining admissions document processing.
Recruit: Connecting higher education enrollment offices with best-fit students using real-time data and analytics.
Transfer Articulation: Managing course equivalencies and providing searchable access to equivalency information for smoother credit transfers.
Contact
Kevin Martin
Vice President, Growth Markets, Parchment
(269) 303-8473
Christopher Hart
Senior Director, Customer Success, Parchment
Nathan Sorensen
Director of Government Contracts, MHEC
(612) 677-2767
The contract (MHEC-01312021) is effective January 31, 2021, through June 30, 2028.