2022 - 2023 EIE Business Plan

Open University (E004)

Sources of Funds

Amount

Open University Extended Ed Fees

224,465

Total Sources of Funds

224,465

Uses of Funds

Misc Operating Costs

Marketing

2,000

Operating Transfers Out

E1398 College Partners Faculty Development Fund

16,560

Total Use of Funds

18,560

Projected 22/23 Revenue less Expenses

205,905

Notes/Comments:

Open University (also called "open enrollment") allows non-matriculated individuals paying self-support fees to enroll in state-supported course offerings on a space-available basis-after reasonable steps have been taken to provide full enrollment opportunity to eligible state-supported matriculated students. Source: EO 1099

Faculty Development Pay $40/unit, per student enrolled EX: 1 student enrolled in a 3 unit course = $120/student, deposited into each department's E1399, College Partners Account. Budgeted amount is 5% of revenue.

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