| Course Development | Hours/Week | Cost | |
|---|---|---|---|
| Instructor | 22.5 | 11,475 | |
| Support (per course) | 10 | 1,818 | |
| Course Delivery | |||
| Instructor | 20 | 10,200 | |
| Graders, etc. | 20 | 3,635 | |
| Cost per student in course (85) | 165 | ||
| Cost per student finishing course (65) | 215 | ||
| Student tuition | 300 | ||
| Time per student (with graders, etc.) | 15 min | ||
| Time per student (without graders) | 30 min | ||
| Maximum enrollment (with graders) | 32 | ||
| Maximum enrollment (without graders) | 16 | ||
| Assumes: | |||
| 1. Professor salary at $30 per hour or $45,600 for 9 months | |||
| 2. Support salary at $10.69 per hour | |||
| 3. One additional teaching credit in the web course for course maintenance | |||
| 4. Fast computer with lots of memory and large hard drive; printer | |||
| 5. Reliable infrastructure | |||