Dr. Charles P. Giammona
Non-salary AS-RN Program expenses are detailed in the document for a total of $20,160. These expenses added to the salary and fringe is estimated to total $516,097.
Revenue generation from tuition for both the on-campus and online program is estimated to yield $346,688 plus the estimated institutional MnSCU base allocation of $140,790. Provost Giammona and inquiry from the college business office indicated the base institutional MnSCU allocation approximates 50% of the prorated number of students multiplied by the student FYE rate of $4332. Given these assumptions, the anticipated revenue for the AS-RN program is estimated to be $437,478. This does not reflect any college fees that would be generated by the 65 students in each yearly cohort. It is anticipated that the college fee revenue plus an additional $10 per credit additional tuition differential would fund the fiscal year deficit estimate of $28,619.
About Charles P. Giammona
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