To help inform the discussion of institutions considering the development and delivery of fully online degree programs in the context of the current economic environment, this document addresses the economics of online educational programming as a tool to enhance an institution’s growth opportunities without draining limited financial resources. A strategically implemented online education program can provide an institution with an advantageous strategy for meeting growing student enrollment, for expanding reach to a broader universe of qualified and exceptional students, and for enhancing revenue over the long term. Equally important, developing the right partnership for implementation of the program preserves the academic integrity and reputation of the institution by ensuring that faculty and university administration maintain control of the curriculum.

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An examination of the role of faculty in online education as well as the most successful methods of involving faculty and turning them into your greatest supporters. At a time when enrollment is increasing and online education is less expensive than traditional classroom education, getting faculty on board can be a challenging task. Discover the role your faculty will play as well as what your service provider should bring to the table. In this paper, we have identified the predominant issues involved with moving a traditional program to an online format and we have also outlined the best solutions to making your transformation as seamless as possible.

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