Board: Education-Related Business Activities
Office of Origin: Board of Trustees
Date Adopted: 02-25-88
Last Date Modified & Approved: 05-25-07
Community, technical, and junior colleges have the dual mission of teaching and community services. To carry out this dual mission, it is often desirable for Lake Michigan College and its affiliated units to charge fees for providing goods and services that enhance, promote, or support its instructional, public service, and all other educational and support functions in order to meet the needs of students, faculty, staff, and members of the public participating in institutional events. Educational business activities are established and carried on pursuant to, and in accordance with, an authorization and statement of purpose which has been approved by the Board of Trustees and/or the President.
Each educational business activity shall meet the following five conditions:
- The activity is deemed to be an integral part in the fulfillment of the institution’s teaching and public service mission and other educational support activities, without regard to surplus revenue.
- The activity is needed to provide an integral good or service at a reasonable price, on reasonable terms, and at a convenient location and time.
- The activity is carried out for the primary benefit of the campus community but with sensitivity to the total community.
- The College shall comply with the applicable laws and regulations pertaining to such activities, and educational business activities not falling within the guidelines established above may be unrelated business income activities.
- The College shall consult with employer advisory committees on any career education program whereby it is necessary for the College to operate a business in conjunction with the training program.