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 eBook 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://WorldeBookLibrary.org/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.
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