Sylvan Learning to defer $2.5M in royalties, fees

Daily Record Staff//April 1, 2020//

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A Baltimore provider of learning services has plans to defer royalties and fees in response to the COVID-19 pandemic.

Sylvan Learning Inc. announced on Wednesday that its new $2.5 million royalty and fee deferral program would ensure that franchise owners have the support they need to continue providing solutions to families in need of educational help.

John McAuliffe, CEO of Sylvan Learning, said in a news release that the company’s franchise owners have risen to the occasion by quickly pivoting to online delivery and providing support to families and their fellow franchisees.

When many Sylvan locations had to close, most franchisees shifted to live, teacher-led online instruction through the company’s proprietary technology platform SylvanSync, and the brand was able to repurpose its remaining paper-based content to be delivered online, the company said.