1. FINANCIAL SERVICES WORK GROUP Oct. 11, 2002 1.Review of Revised Charge: To develop a fiscal model for distance education that will provide funding for agreed upon central and local services, campus curriculum development and delivery. 2.Discussion of Minnesota Online Revenue Sharing Study Literature Review Online Survey Survey has been sent to 48 virtual/online systems. http://www.mnonline.mnscu.edu/survey/ 3.BRIEF description of models, research of three select models and the survey results will be sent to committee members to begin the discussion. Frameworks 4.Funding Strategies: (Most systems have combined an allocation model plus a fee funding model. –Allocation model-off the top funding –Development Fee Funding Model (Home Institutions) –User Fee Funding Model –Revenue Sharing Funding Model

2. FINANCIAL SERVICES WORK GROUP November 12, 2002 Charge: To develop a fiscal model for distance education that will provide funding for agreed upon central and local services, campus curriculum development and delivery. 1.BRIEF description of models, research of three select models and the survey results will be sent to committee members to begin the discussion. Frameworks 2. Funding Strategies: (Most systems have combined an allocation model plus a fee funding model. ) –Allocation model-off the top funding –Development Fee Funding Model (Home Institutions) –User Fee Funding Model –Revenue Sharing Funding Model 3.MnOnline Central Proposal 4.Next Steps

3. FINANCIAL SERVICES WORK GROUP December 13, 2002 1.Review of Presented Assumptions 2.Discussion of Allocation Models 1.Funding for MnOnline Staff/Services/Research 2.Funding for Innovations 3.Funding models of collaboration 1.Home-Host Model 2.Home is the keeper of the records and usually awards the degree 3.Host provides small number of specific courses 1.A Models 1.Home Retains FYE 2.Actual Tuition goes to Host provider 2.B Model 1.Agreed Upon sharing of Tuition (80-20, for example) 2.FYE goes to campus who offers the course 3.C Model 1.Full collaboration-all student expenses and revenue split between institutions 2+2 programs might be an example 3.Key Attributes 1.Consistency Of Rules 2.Consistency Of Standards 3.Fixed Time To Allow Continuous Improvement 4.Are these the correct areas of concern?

4. Distance Education Delivery Models Time Space Fully SynchronousFully Asynchronous Classroom Lab/Clinical/ Other Instructor Led Web/Internet Independent Independent of Time and Space (May have window of completion expectation.) Hybrid