After World War II, the Ford Foundation created a fund that supported committees studying education. The program was founded and pioneered at Kenyon College in Gambier Ohio, by the then college president Gordon Chalmers which was then referred to as the "Kenyon Plan." The first study was conducted by three prep schools—the Lawrenceville School, Phillips Academy and Phillips Exeter Academy—and three universities—Harvard University, Princeton University and Yale University. In 1952 they issued the report General Education in School and College: A Committee Report which recommended allowing high school seniors to study college level material and to take achievement exams that allowed them to attain college credit for this work. The second committee, the Committee on Admission with Advanced Standing, developed and implemented the plan to choose a curriculum. A pilot program was run in 1952 which covered eleven disciplines.
The College Board, a non-profit organization based in New York City, has run the AP program since 1955. From 1965 to 1989, Harlan Hanson was the director of the Advanced Placement Program. It develops and maintains guidelines for the teaching of higher level courses in various subject areas. In addition, it supports teachers of AP courses, and supports universities. These activities are funded through fees charged to students taking AP Exams.
In 2006, over one million students took over two million Advanced Placement examinations. Many high schools in the United States offer AP courses, though the College Board allows any student to take any examination, regardless of participation in its respective course. Therefore, home-schooled students and students from schools that do not offer AP courses have an equal opportunity to take the examination.
As of the 2011 testing season, exams cost $87 each, though the cost may be subsidized by local or state programs. Financial aid is available for students who qualify for it; the exam reduction is $22 per exam from College Board plus an additional $8 rebate per fee-reduced exam from the school. There may be further reductions depending on the state. Out of the $87, $8 goes directly to the school to pay for the administration of the test, which some schools will reduce to lower the cost to the student.
On April 3, 2008, the College Board announced that four AP courses – French Literature, Latin Literature, Computer Science AB, and Italian Language and Culture – will be discontinued after the 2008–2009 school year due to lack of funding.