With this option, the student cover the $10 cost of the exam, and the institution is refunded $2 per exam.
The cost to the institution includes:
- $500 one-time license fee
- $200 prepaid annual maintenance fee
- Optional short or long surveys are available at no cost under this model
For example, if 50 exams are taken during a billing cycle, the invoice total would be $100. $100 reimbursed ($2 per exam) subtracted from the $200 for the prepaid annual maintenance fee.
With this option, institutions cover the cost of the exams. This model is post-pay, meaning the institution pays annually for the number of exams used during the previous year.
The cost to the institution includes:
- $500 one-time license fee
- $75 one-time optional short survey
- $125 one-time optional long survey
- $200 prepaid annual maintenance fee
- Annual tier price (below)
Tier 1: 0-50 exams |
$100 |
Tier 2: 51-200 exams |
$550 |
Tier 3: 201-400 exams |
$1300 |
Tier 4: 401-800 exams |
$1500 |
Tier 5: 801-1200 exams |
$2000 |
Tier 6: 1201-5000 exams |
$2500 |
Tier 7: 5000+ exams |
$3500 |
For example, if 300 exams are taken during a billing cycle, the invoice total would be $1500. $1300 for the Tier 3 annual price plus $200 for the prepaid annual maintenance fee.
With this option, institutions can prepay for exams as needed.
Cost to the institution includes:
- $500 one-time license fee
- $75 one-time optional short survey
- $125 one-time optional long survey
- $200 prepaid annual maintenance fee
- $4 prepaid per exam
For example, if the institution desires 200 exams, the original invoice will be $1500. $500 for the one-time license fee, $200 for the prepaid annual maintenance fee, and $4 prepaid per exam. Each year, the invoice will include the $200 prepaid annual maintenance fee, however, the exams rollover each year until all are exhausted, at which point, institutions can purchase more.