International
Pricing Models
- *
America and Africa: 2USD
- *
United Kingdom: 2GBP
- *
European Union Countries: 2 Euros
Full
Time Equivalent (FTE) for schools, community colleges,
colleges and universities refers to the size of the
student body. (FTE Exemptions:
Special needs students. The World Public Library provides
free membership services for the seeing and learning
impaired individuals.)
Full
Time Equivalent (FTE) for businesses, corporations,
nonprofit but also not academic organizations, and government
agencies commonly refers to staff size.
Full
Time Equivalent (FTE) for public libraries priced
according to number of cardholders.
One
method of pricing services to libraries is the FTE pricing
model. This model can be used to determine a library's
cost for subscriptions or other services. Pricing is
announced as being "per FTE." This allows a vendor to
announce pricing in very simple terms that are easy
to calculate for each library.
K-12
Schools and Higher Education
FTE is a common standard for measuring enrollment in
K-12 and higher education. Statistics
are often reported to higher levels of government and
accrediting organizations in terms of student FTEs.
State Departments of Education and accrediting agencies
have developed their own definitions of how many student
hours/credit hours/days represent an FTE student. Part-time
students are counted as fractional FTEs, then summed
to provide a total enrollment figure. In other words
two half-time students add up to a single FTE. Basically
the FTE is equivalent to the total enrollment of a school.
You should use the accepted local formula for calculating
your FTE student enrollment. Frequently your school
administration already has this number calculated.
Use
your best guess about your FTEs during the subscription
year. If in doubt, start with your previous fall enrollment
and make adjustments for anticipated growth or attrition.
Adjusted
FTE,
To apply the FTE measurement to multiple types of libraries,
often requires "tweaking." A database publisher may
analyze the utility of its product and determine that
it has little relevance to children in the lower elementary
grades, and that it would be unfair to include their
FTE in calculating the price of the database for a K-12
school.
Publishers
may also acknowledge that residential campuses
can make much more use of their database than nonresidential
campuses (community colleges). This is also true
of public libraries.
Nonschool
/ Nonacademic Libraries
The FTE model is also used for nonschool/nonacademic
libraries.
Public
libraries are often required to use the size of
the population served multiplied by some vendor determined
tweak factor. Generally the population served is based
on the population of the geographic area that provides
tax money to support the library. The number of circulation
transactions, people that walk in the door or library
cards in circulation is also considered.
To
accommodate these situations, some form of a discount
is employed. This is usually done by using a fraction
of the institution's actual FTE count. These fractional
counts are often referred to as "Adjusted FTEs."
Employers
often use FTE to refer to their total number of employees.
Or, for Web-based products, an employer might be asked
to count only FTEs that have desktop access to the Internet.
When
joining online, at http://SchoolLibrary.com/Join.htm,
you will have a chance to indicate on the form your
institutional FTE population, at which time you may
indicate adjustments in the FTE calculation.. Once submitted
your application will be reviewed. When the FTE audit
is able to authenticate your application your membership
account will be activated. Usually the total process
should take 24hr. |
