Parchment

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 seParchment logocure 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, Parchment Growth Markets
(269) 303-8473

Christopher Hart
Senior Director, Customer Success

Nathan Sorensen
MHEC Director of Government Contracts
(612) 677-2767

    The contract (MHEC-01312021) is effective January 31, 2021, through June 30, 2028.