Kaplan University (KU) was a for-profit college owned by Kaplan, Inc., a subsidiary of the Graham Holdings Company. It was predominantly a distance learning institution, maintaining 14 ground locations across the United States. It was regionally accredited by the Higher Learning Commission (HLC), one of the seven major accrediting bodies in the U.S. The university was named in honor of Stanley H. Kaplan, who founded Kaplan Test Prep.[4] In 2017, Indiana's Purdue University announced the acquisition of Kaplan University with the aim of changing it into a nonprofit online institution known as Purdue University Global.[5][6][7] The acquisition was completed in March 2018.[8]