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