BOOKSTORE PROFITS
|
INITIATED: September 26, 1988 |
APPROVED: March 12, 2001 |
| Date reviewed and updated: July 6, 2009 |
PURPOSE
To provide the University with guidelines on allocating Bookstore profits.
APPLICABILITY
All Students
POLICY
Fifty (50%) percent of the annual Bookstore profit is allocated to a reserve account in the Plant Fund for Bookstore remodeling and renovations, and fifty (50%) percent is allocated to a separate account to be administered by Academic Affairs for the benefit of the students.
REFERENCES
Bookstore Advisory Committee recommendation
INITIATING DEPARTMENT/DIVISION
Bookstore / Finance & Administration