The student price is the amount charged to the student for purchasing the offered digital course materials. An institutional has the ability to implement a funding strategy through the use of an institutional percent markup on the digital course material's offer price. The student price accounts for both the offer price and markup associated with the institution’s digital course materials program. If your institution does not have a markup fee, then the student price will be the same as the offer price.
Student price = offer price + (institutional percent markup * offer price)
Institutions may choose to implement a markup fee to fund their digital content program or digital teaching and learning technologies ecosystem. Unizin supports this markup fee for these institutions and will automatically apply it when generating and loading offer catalogs. Institutions wishing to implement a student markup can contact Unizin for configuration prior to their Offer Catalog generation. When offers are imported through the Institutional Catalog Import, the percent markup configured for your institution is automatically applied to calculate the student price.
Order Feed 3.0 will be generated for institutions implementing student prices.