Common use of Program Cost Clause in Contracts

Program Cost. Montclair State University faculty-led study abroad programs are wholly self-supporting. This means that all costs of offering the program, including leader travel and expenses, must be covered by the program fee charged to the students. All efforts must be made to keep program costs to a minimum without jeopardizing the quality of the program. The Office of International Academic Initiatives will determine the program cost based on a fixed number of students, the program itinerary, budgeted expenses and estimated contingencies. Tuition will not be used to cover program expenses. For programs that exceed their minimum target enrollment, any significant 'surplus' funds generated beyond the original budget will be used to benefit the students in the form of extra activities/meals, the addition of a Faculty/Staff Assistant, and/or a reduction of the program fee.

Appears in 2 contracts

Samples: Study Abroad Program Leader Agreement, Study Abroad Program Leader Agreement

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Program Cost. Montclair State University faculty-led study abroad programs are wholly self-supporting. This means that all costs of offering the program, including leader travel and expenses, must be covered by the program fee charged to the students. All efforts must be made to keep program costs to a minimum without jeopardizing the quality of the program. The Office of International Academic Initiatives Engagement will determine the program cost based on a fixed number of students, the program itinerary, budgeted expenses and estimated contingencies. Tuition will not be used to cover program expenses. For programs that exceed their minimum target enrollment, any significant 'surplus' funds generated beyond the original budget will be used to benefit the students in the form of extra activities/meals, the addition of a Faculty/Staff Assistant, and/or a reduction of the program fee.

Appears in 2 contracts

Samples: Study Abroad Program Leader Agreement, Study Abroad Program Leader Agreement

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