Q: We are integrating many of LERN's financial and pricing methodologies, but we have a very specific question about pricing: How to determine tuition vs fees when pricing? Traditionally, we have determined tuition based on instructor costs and fees were priced based primarily..
Questions
Q: I attended a LERN webinar a few months ago that had a formula in it on how to price your courses to cover your program costs.I am interested in being able to price our courses so that all of our overhead costs (both direct and indirect) are covered.Can you help me with that?
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: Is there a document somewhere that outlines why marketing is needed, how much you should spend, who is doing the marketing of classes, how is the marketing being done, etc.?A: There is a good reason that marketing is essential to the success of any endeavor that involves..
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: We are planning to include morning and afternoon snacks and lunch in the price of our public classes and need to increase our prices. Two questions:1.What is LERN’s position on including food in public workshops?2.When increasing prices, are there guidelines for communicating..
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: I am creating a new certificate program on Leadership (face-to-face) and would like to identify pricing. Currently, it will be a two month offering, but in the early stages of development. It will be offered potentially within an 8 or 12 week period, 2.5 hours per session...
Q: Joe & I have an electrical instructor that was working with us this past summer. He has been working with a business that is interested in some online training. John, the instructor, developed a sample online of his electrical training and shared with the company. They may..