Policy Name: Educational Business Activities Policy |
Date Approved: Approved by the Board of Regents on April 20, 1988 |
Policy Category: Academic Affairs |
Date Effective: |
Policy Number: 3.1.050 |
Date Last Revised: |
Approval Authority: Board of Governors |
Review Cycle: |
Responsible Department: |
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The purpose of the “Educational Business Activities Policy” is to set forth the prerequisite
conditions that must exist for educational business activities to be created and operated
to serve the academic community.
The primary mission of the University of Central Missouri is the creation and dissemination
of knowledge. To carry out this mission, it is often desirable for the institution
and its affiliated units to charge fees for providing goods and services that enhance,
promote, or support instructional research, public service, and all other educational
and support functions in order to meet the needs of the students, faculty, staff and
members of the public participating in institutional events. Educational business
activities shall be established and carried on only when consistent with the university's
mission and this policy.
Persons proposing or providing educational business activities must be aware that
if revenues are not related to the university's mission these revenues may be considered
unrelated business income.
A. Each educational business activity shall meet the following three conditions:
B. Complaints that an educational business activity does not conform to this policy should be directed to the vice president for academic affairs.