The University of Florida (UF) will pay Pearson Embanet “an estimated $186 million over the life of its 11-year contract in direct payments and a share of tuition revenue to help launch and manage the state’s fully online, four-year degree program.” Pearson will be responsible for creating “proprietary digital content, providing admission and enrollment support, generating leads and signing new students, tracking retention rates, engaging in joint research and development, and providing on-demand student support.” It is projected that there will be “13,000 students in UF Online generating $43 million in tuition revenue by 2019 — of which Pearson will get close to $19 million.”
http://www.gainesville.com/article/20140327/ARTICLES/140329618/1182