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Woolf

Online infrastructure for the future of higher education

Summary

Woolf is a technology company building infrastructure for the future of higher


education. We provide our member colleges with 'university as a service',
including accreditation, software systems, and other support benefits.

Colleges join Woolf as independent members within a shared framework for


quality assurance; they maintain the right to admit their own faculty and
students, set prices over their courses, and create new programs.

The accreditation problem

Accreditation is hard and complicated but it is central to success in the $2tn


higher education market. Most small colleges lack the time and staff to obtain
accreditation, and they lack the resources to maintain their accreditation on an
ongoing basis. At legacy universities, 50% of staff members are in
administration and compliance, but the new generation of digitally native
universities understand that there are better solutions. Woolf provides that
solution.

Woolf’s accreditation abilities

(1) Woolf is designed to support the membership of new college. We have


launched multiple colleges and their degree programs.

(2) The Woolf software system can ingest, benchmark, and accredit
educational content from diverse sources.

(3) Unique degrees can be created by stacking courses from multiple


organizations connected to Woolf because they all meet our software
standards

(3) The Woolf platform connects legacy education providers, including


brick-and-mortar universities, to our cloud marketplace; this unlocks
thousands of semi-digitized courses from their catalogue, and allows them to
increase their revenues by accessing global demand.

Benefits fo the Network

Most colleges join because they seek to offer accredited courses, and they are
happy to be given software tools.

Colleges then discover that there are benefits exclusively for members of the
collegiate network. These benefits include access to courses in subjects only
taught by other colleges, making it possible to stack courses into unique
outcomes; and access to Woolf's relationship with leading student recruitment
and content creation firms.

Colleges decide how much they want to participate in the wider collegiate
community. All colleges select their course visibility:

• Private: only visible internally to a college members

• Protected: only visible to the public under the providers URL

• Available: course can be added to another college’s degree pathway

• Public: course listed in the central, public, Woolf marketplace

Woolf’s current accreditation

Students accumulating credit points when studying at a Woolf college have


them converted to degrees through one of Woolf’s degree issuing subsidiaries.

For example, Woolf University operates Woolf Education, a licensed Higher


education Institution with the ability to provide degrees up to the PhD level
(European Qualifications Framework 8).

The European Credit Transfer System (ECTS) is the most widely-recognized


and sophisticated accreditation system in the world. Every major university,
including in the US, handles ECTS credits. ECTS are used natively across the
European Higher Education Area (EHEA) and by transfer to other countries.

Woolf’s future accreditation

All courses run through the Woolf system are benchmarked by the exact same
standards, regardless of the jurisdiction of degree issuance, or the educational
provider on the platform.

All accredited degrees should be issued by smallest number of legal entities


that can provide global coverage.

We intend to increase the number of owned or partner universities that can


accredit content. This will reduce friction for our education providers and
students, create resilience against regulatory changes, and foster a
competitive process for accreditation speed and cost.

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