HLC Endorses First Microcredential Providers

The Higher Learning Commission endorsed its first microcredential providers last week after launching a new process last fall to assess organizations that offer short-term programs.

Four companies secured HLC’s endorsement: Corporate Finance Institute, Kaplan North America, Sophia Learning and Voltage Control.

“These endorsed providers meet high-quality standards in offering short-term credentials of value,” Higher Learning Commission president Barbara Gellman-Danley said in a news release. “The intent is to increase pathways for learners to gain the qualifications they need to advance careers and success.” 

Education and workforce development experts reviewed the providers’ applications, according to the release. The companies had to prove their short-term programs are financially sound, aligned with workforce needs and include protections for learners.

“The endorsement tells our students and employers alike that the credentials they’ve earned open real doors, which is exactly what we’ve been building toward,” Tim Vipond, co-founder and CEO of Corporate Finance Institute, said in the release. CFI offers various finance-related certifications.

Going forward, providers will have to go through a review and renewal process every two years to maintain their endorsement.

HLC is now looking to endorse a second round of microcredential providers. The accreditor opened a new application cycle that runs through April 24 of this year.