Utah Valley University
Policies and Procedures
| Title | Business and Industry Incentive Plan for Course Delivery | Number | 609 |
| Section | Academics | Approval Date | Jan 21,1993 |
| Subsection | Instruction and Curriculum | Effective Date | Jan 21,1993 |
I. Policy
- Under the direction of the School of Continuing Education, 90% of tuition collected from courses offered to business and industry, usually off campus and at the company site, will be available for distribution under the Business and Industry Incentive Option. Revenue from these courses will be tracked as Self-Support Contract Courses and will be available to pay direct instructional costs and to distribute to participating faculty, UVU schools, and UVU departments. Distribution of these funds will follow established procedures approved by the Academic Vice President.
- The Business and Industry Incentive Option is designed to motivate expansion of regular courses and programs through the School of Continuing Education to the business and industry community.
II. Procedures
- Establishment of Courses
All off-campus credit courses are coordinated through the School of Continuing Education. The School of Continuing Education has administrative liaison responsibilities for the business and industry credit program. The sponsoring school and department have responsibility for curriculum and faculty selection.
All non-credit activities on or off campus must be coordinated though the School of Continuing Education for recording purposes. If a department and/or faculty member wish to participate in the incentive program, the activity must be coordinated through the School of Continuing Education.
- Incentive
The incentive plan rewards faculty for participating with the UVU business and industry program and returns funds to the sponsoring school/department. The incentive formula will be used only when revenues are greater than course expenses.
- Credit Courses
Revenues for credit-producing courses will be based on enrollment at current off-campus tuition rates. Expenses for courses will vary depending on type of course, location, facilities costs, special supplies and materials, etc.
- Incentive Components
- Revenue
Tuition multiplied by number of students less 10% Special charges to company
- Expenses
All direct instructional expenses (hourly rate + benefits) All course materials expenses Miscellaneous expenses
- Compensation
*Salary - Faculty will receive regular hourly rate for credit instruction. Residuals will be distributed to faculty, schools, and departments and may include:
Faculty 60 percent **School Coordination 30 percent Department 10 percent
*If revenue is not sufficient to cover salary, the course will be canceled or the instructor may choose to be compensated at a percentage of the regular rate.
**Coordination is handled through the School of Continuing Education. The School of Continuing Education may contract with other schools for coordination.