The dues formula of the Association and Commission includes the following essential elements:
A. Dues are assessed on the basis of total expenditures, less scholarship and fellowship expenses, as reported by member schools in the prior year. (Total expenditures are defined as the amount reported on line 12 of Form 2, Part B, of the F-1 ATS Annual Report Form. Scholarship and fellowship expense is the amount reported on line 10 of Form 2, Part B, of the F-1 ATS Annual Report Form.)
B. Dues are calculated as follows:
The revised $2,404,000 and $5,591,000 thresholds will be adjusted annually by an amount not to exceed the consumer price index or 3 percent, whichever is less, for subsequent years.
C. Of the total dues from each member school, 75 percent is designated to the Commission on Accrediting and 25 percent to the Association.
D. The Board of Commissioners establishes and adopts its budget, which is based on revenues derived from dues, assessment fees, reimbursement for evaluator travel and, as appropriate, grants. The expenditures budget provides for all direct and indirect expenses for the work of accreditation conducted by the Board of Commissioners.
E. The Board of Directors of the Association establishes and adopts its budget, which is based upon revenues derived from dues, grants, fees, and investment income. The expenditures budget provides for all direct and indirect expenses for the work of the Association, including activities of grant projects.
Annual Dues: $255
The following fees are subject to annual adjustment by the Board of Commissioners and/or the Association’s Board of Directors based upon actual costs.