MCCBOA POSITION ON THE MECHANICS OF HOW MCCVLC REVENUE WILL BE DISBURSED BY PROVIDER COLLEGES
- Revenue sharing for MCCVLC classes will begin with the Spring/Summer semester, 2000
- The student will be a "cash-paying" customer. Financial aid will not be a source of payment unless the home college can accommodate.
- The tuition revenue sharing will be reconciled for both provider college and home college and consolidated by the MCCVLC into one payment.
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 MCCVLC 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 MCCVLC, 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 & MCCVLC less any home college revenue for that semester.
- Home colleges will be paid for home college revenue for that semester.
(Note: MCCBOA is the Michigan Community College Business Officers Association)
Last modified: September 13, 2010
Ed Koliba, President, MCCBOA (at the time this position was established)
Ronda Edwards, Executive Director MCCVLC