STANDARD 4 - FINANCES

FUNDING SHOULD BE PROVIDED TO MEET THE PROGRAM GOALS AND PERFORMANCE OBJECTIVES.

Standard 4.1 - Program Training Cost

The enrollment in the program or program area should be sufficient to keep the per-student training costs to a realistic figure.

Standard 4.2 - Budget

An adequate annual budget should be developed, allocated, and used for the operation of the program.

Standard 4.3 - Budget Preparation

The budget should be prepared by the institutional administration in conjunction with the program faculty.

Standard 4.4 - Status Reports

Budget status reports should be made available to program staff at least quarterly.