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When do I charge full cost recovery vs. partial costrecovery?

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When do I charge full cost recovery vs. partial costrecovery?

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Most of MCE’s programs fall into the partialcost recovery category, where you collect fees to offset chargesfor meals, rooms, fact sheets, supplies and materials. These typesof activities are usually a “public good.” However, if you developa teaching event for a very specific audience that awards themCEU’s, credits for certification or licensing or a business orcorporation that is not part of our “normal” extension activitiesyou are encouraged to use the full cost recovery guidelines.Remember, full cost recovery is only for business, industry,organizations that are a “private good” not a “public good”.

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