Tuition Percentage for Fully Online Students Sample Clauses

Tuition Percentage for Fully Online Students. The Tuition Percentage to be paid to Pearson for Fully Online student Enrollments in the Managed Programs during the first Calendar Year is hereby set at 50%. For all other Calendar Years, the Tuition Percentage for Fully Online students will be established based on the total number of Enrollments in the Managed Programs during the prior Calendar Year, in accordance with the schedule set forth below. For example, if Rutgers attains 8,500 Fully Online student Enrollments in the Managed Programs in a particular Calendar Year, the Tuition Percentage for the following Calendar Year shall be set at 48%. Fully Online* Enrollments in the Managed Programs during the prior Calendar Year Tuition Percentage for the current Calendar Year 0-3,999 50% 4,000-7,999 49% 8,000-11,999 48% 12,000-14,999 47% 15,000-19,999 46% 20,000 and above 45% Notwithstanding the foregoing, if the average DR/SCH paid by students in the Managed Programs during a particular Calendar Year meets or exceeds the Baseline DR/SCH for that Calendar Year (only the first 25,000 Enrollments in a particular Calendar year will be used for purposes of assessing whether the Baseline DR/SCH threshold has been met or exceeded), the Tuition Percentage to be paid to Pearson for Fully Online student Enrollments in the Managed Programs in excess of 29,999 during the following Calendar Year shall be calculated in accordance with the table set forth below. Fully Online* Enrollments in the Managed Programs during the current Calendar Year Tuition Percentage for the current Calendar Year for Enrollments falling within the applicable Enrollment tier 30,000 – 39,999 43% 40,000 – 49,999 40% 50,000 – 59,999 38% 60,000 and above 35% For example, if Rutgers achieves 13,000 Fully Online students Enrollments during the 2013 Calendar Year and also achieves an average DR/SCH paid by students for that Calendar Year which is equal to or exceeds $900, and then achieves 42,000 Fully Online Enrollments during the 2014 Calendar Year, the Tuition Percentage during the 2014 Calendar Year will be 47% for the first 29,999 Enrollments, 43% for Enrollments 30,000 - 39,999 and 40% for Enrollments 40,000 - 42,000. For purposes of clarification, the Tuition Percentage set forth in the table immediately above will be based only on cumulative Fully Online Enrollments for the applicable Calendar Year. * Does not include any Enrollments that are assessed the $200 per Enrollment fee under Section 6(b)(vi) below.
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