What is revenue sharing? How does it work?
A revenue-sharing agreement exists between Outreach and the academic colleges whereby net revenue from an entire college’s outreach portfolio is shared. These agreements ensure that cost recovery from delivering outreach programs returns to benefit the academic units that provide their expertise. Because cost recovery differs from unit to unit, ranging from tuition returns in the World Campus to registration fees for conferences and institutes, revenue-sharing models vary according to the type of program delivered. In 2007–08, Outreach shared $16.3 million with its academic partners across the colleges and campuses. Outreach programs also passed $23 million to the colleges and administrative units. Consult with your college’s associate dean regarding the details of the revenue-sharing policy and your college’s approach to dispersing this money among its departments.
