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MCCBOA POSITION ON THE MECHANICS OF HOW MCO REVENUE WILL BE DISBURSED BY PROVIDER COLLEGES

 


 

THE ASSUMPTIONS:

  1. Revenue sharing for MCO (formerly MCCVLC) classes will begin with the Spring/Summer semester, 2000
  2. The student will be a "cash-paying" customer. Financial aid will not be a source of payment unless the home college can accommodate.
  3. The tuition revenue sharing will be reconciled for both provider college and home college and consolidated by the MCO into one payment. 
  4. Tuition revenue sharing model is:
    • 70% of MCO tuition rate to Provider College
    • 20% of MCO tuition rate to Degree-Granting College
    • 10% of MCO tuition rate to MCO

 


 

THE PROCESS:

At a period of time well into the semester (Spring/Summer: last week of July, Fall: first week of November, Winter: first week of February), the MCO will send information to provider colleges for confirmation.  This information includes:  total paid enrollments, total number of credits, total tuition and revenue share to the college for that semester.

Once the provider college confirms the above information from the MCO, the tuition revenue sharing totals (provider college and home college) will be forwarded to the MCCA office for appropriate disbursements as follows:

  • Provider colleges will be billed for the portion of tuition that is distributed to home colleges & MCO less any degree-granting/home college revenue for that semester.
  • Degree-Granting/Home colleges will be paid for home college revenue for that semester.

 


(Note: MCCBOA is the Michigan Community College Business Officers Association)

Last modified: November 1, 2016
Ed Koliba,  President,  MCCBOA (at the time this position was established)
Ronda Edwards,   Executive Director MCO


 

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