All new program proposals should include a business analysis section. This requirement is consistent with previous guidelines for new program justification. The new business analysis procedure for new programs is structured to adhere to the cost study methodology used to financially evaluate existing programs. The analysis is intended to focus on the incremental impact of the program, revenues generated and costs incurred.
Square footage includes assigned and allocated classrooms, laboratory, and office space.
All other indirect costs are allocated on standard allocation rates defined in the cost study process. Nonacademic Programs - Life Cycles or one year which ever is longer. A worksheet is also included here.