Q: Does LERN have recommended price breaks for online classes, or are they the same price breaks as classroom classes? Thanks.A: The concept for online course price breaks is no different from other types of courses. The same principles are at play.1. You should not set a price..
Questions
Q: I was looking on the website for a good Cost Recovery Model that we can use in our Recreation Department for setting prices for programs/classes. Can LERN help?A: The LERN financial formula is what we recommend for setting prices and determining income for classes and..
Q: We are seeking some standard formulas for pricing online courses. We are being asked to provide online fire science training and need assistance with what the markup should be. A: LERN has developed a financial format based on the best practices of LERN member organizations...
Q: I am seeking info on Pricing for work-related classes. Just Open to Public 1 & 2-day type course pricing like Leadership Training and Computer classes. Does LERN have any reports or information on this topic?A: Pricing is an important part of the success of your programs...
Q: I was just wondering if you could refer me to some information regarding pricing per student. We run a Continuing Education program here and I have an instructor who teaches Yoga. Her class meets once per week for one hour for 7 to 8 weeks. She has an existing class and then..
Q: Have there been any studies regarding the effect on enrollment of lowering, or raising prices. If we lower our prices, will we get a disproportionate increase in enrollment?
Q: What percentage of course fees should go to pay the instructor?A: LERN recommends that not more than 35% of fees be used for instructor compensation. It is possible to go up to 40%, but it is best to stay at the 35% level if possible.
