{"id":612236,"date":"2026-09-07T23:57:32","date_gmt":"2026-09-07T23:57:32","guid":{"rendered":"https:\/\/www.olympiajournal.com\/news\/story\/612236\/prep-expert-advances-its-mission-to-help-students-earn-1-billion-in-scholarships.html"},"modified":"2026-09-07T23:57:32","modified_gmt":"2026-09-07T23:57:32","slug":"prep-expert-advances-its-mission-to-help-students-earn-1-billion-in-scholarships","status":"publish","type":"post","link":"https:\/\/www.pennsylvania-magazine.com\/news\/story\/612236\/prep-expert-advances-its-mission-to-help-students-earn-1-billion-in-scholarships.html","title":{"rendered":"Prep Expert Advances Its Mission to Help Students Earn $1 Billion in Scholarships"},"content":{"rendered":"
\"Prep<\/a><\/div>\n
Prep Expert is pursuing a $1 billion scholarship mission, building on $100M+ already won by more than 100,000 students.<\/div>\n

Las Vegas, Nevada, USA – September 07, 2026<\/strong> – Prep Expert<\/a>, the SAT and ACT test preparation and college admissions company founded by Dr. Shaan Patel, is advancing its long-term mission to help students win $1 billion in college scholarships<\/a> by combining standardized test preparation with college admissions and merit scholarship strategy.<\/p>\n

The $1 billion goal builds on Prep Expert’s reported track record of helping more than 100,000 students and contributing to more than $100 million in scholarships won by its students. The company is now working toward increasing that scholarship impact tenfold as it continues expanding its test preparation, tutoring, and college admissions services.<\/p>\n

For Patel, the scholarship mission is closely connected to his own experience as a student. After earning a perfect SAT score, Patel received more than $500,000 in college scholarship offers. He later developed the test-taking strategies he used into the program that eventually became Prep Expert.<\/p>\n

“Scholarships had a transformational impact on my own education, and our $1 billion mission is about creating that kind of opportunity for many more students,” said Patel. “We want students to think beyond simply getting into college and consider how stronger test scores, thoughtful college selection, and a focused scholarship strategy can help make their education more affordable.”<\/p>\n

Prep Expert gained national attention in 2016 when Patel appeared on ABC’s Shark Tank and secured a $250,000 investment from Mark Cuban in exchange for a 20% equity stake. Since then, the company has expanded from its original test preparation model to offer live online SAT and ACT courses, one-on-one tutoring, and college admissions and merit scholarship consulting.<\/p>\n

A central component of the company’s $1 billion scholarship mission is helping families understand the relationship between academic performance and merit-based financial aid. Unlike need-based financial aid, merit scholarships can be awarded based on factors such as academic achievement, standardized test scores, talents, leadership, and other accomplishments.<\/p>\n

At some institutions, SAT and ACT scores can play a role in determining eligibility for merit scholarships or the size of an award. Prep Expert’s approach therefore encourages students to consider standardized testing as part of a broader college affordability strategy rather than viewing test preparation solely as a tool for admissions.<\/p>\n

Prep Expert’s live online courses use a four-step teaching framework called Strategy, Example, Practice, and Review. Instructors introduce strategies for particular question types, demonstrate them through examples, allow students to practice independently, and then review the results. Students who need more individualized assistance can supplement courses with one-on-one tutoring focused on specific academic or testing weaknesses.<\/p>\n

The company’s college admissions consulting services extend that strategy beyond test day. Prep Expert consultants work with students on application timelines, essays, extracurricular positioning, and merit scholarship opportunities connected to individual colleges. The company places particular emphasis on identifying institutional scholarships that may require additional essays, applications, interviews, or honors program submissions.<\/p>\n

This combination is designed to help students approach college admissions and affordability as interconnected goals. A higher test score may strengthen a student’s academic profile or eligibility for certain merit awards, while a more deliberate application strategy can help students identify colleges where their academic credentials may qualify them for greater scholarship opportunities.<\/p>\n

Having surpassed $100 million in scholarships won by its students, Prep Expert’s $1 billion mission establishes the next benchmark for the company’s broader objective of helping families pursue higher education while reducing its financial burden.<\/p>\n

About Prep Expert<\/strong><\/p>\n

Prep Expert is a Las Vegas-based education company founded by Dr. Shaan Patel, a perfect SAT scorer who improved his own SAT score by 640 points and received more than $500,000 in college scholarship offers. Patel secured a $250,000 investment from Mark Cuban on ABC’s Shark Tank in 2016. Prep Expert has since helped more than 100,000 students improve their SAT and ACT scores, pursue admission to top universities, and win more than $100 million in college scholarships. The company offers live online SAT and ACT courses, private tutoring, and college admissions consulting.<\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Prep Expert<\/a>
Contact Person:<\/strong> Shaan Patel
Email:<\/strong> Send Email<\/a>
Phone:<\/strong> 1-877-345-7737
Address:<\/strong>930 S. 4th St., Ste 209
City:<\/strong> Las Vegas
State:<\/strong> Nevada
Country:<\/strong> United States
Website:<\/strong> www.prepexpert.com<\/a><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Prep Expert is pursuing a $1 billion scholarship mission, building on $100M+ already won by more than 100,000 students. Las Vegas, Nevada, USA – September 07, 2026 – Prep Expert,<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/posts\/612236"}],"collection":[{"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/comments?post=612236"}],"version-history":[{"count":0,"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/posts\/612236\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/media?parent=612236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/categories?post=612236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pennsylvania-magazine.com\/news\/wp-json\/wp\/v2\/tags?post=612236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}