Questions, Results, and Insights
Does your institution recover any of the costs of digital resources? If so, how?
Is your institution interested in starting to recover these costs?
Cost recovery isn’t something that all schools consider necessary. To those that do, it can mean a number of things. Some institutions try to recover 100% of their investment in certain products, or even turn a small profit. Other schools only want to allay licensing costs by recouping a small portion of them. Costs can be recovered by charging students and faculty for access to resources in a point-of-sale manner or through other means, such as being built into student fees. Simply put, cost recovery is merely a means of improving ROI and providing more flexibility to schools that need it.