Questions

Pricing: Tuiton Vs. Fees

May 9, 2019 2:05:55 AM
by Jordan Kivley |

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..

Course Pricing

Jun 20, 2018 4:33:05 AM
by Jordan Kivley |

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?

Financial Formula

Jun 12, 2018 1:19:33 AM
by Jordan Kivley |
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..

Course Price Breaks

May 23, 2018 1:01:05 AM
by Jordan Kivley |
Q: We are working on pricing and price breaks for our courses but some of them include books. Should the cost of the book be listed as a separate fee or should we include the cost of the book in the course fee and forego the price break?A: Typically, it is best to include the..

LERN Pricing Principles Examples

May 23, 2018 12:13:25 AM
by Jordan Kivley |

Q: I understand the philosophy with course pricing ending in 5's & 9's as well as the price break points. What I have been asked to provide is any examples of a community program within a blue collar working community who used LERN pricing principals in raising prices and had a..

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