Standard 1: Purpose

Standard 2: Administration

Standard 3: Learning Resources

Standard 4: Finances

Standard 5: Student Services

Standard 6: Instruction

Standard 7: Equipment

Standard 8: Facilities

Standard 9: Instructional Staff

Standard 10: Co-op Agreements

Standard 4: Finances

Funding should be provided to meet the program goals and performance objectives.

Standard 4.1: Program Training Cost
The enrollment in the program or program area should be sufficient to keep the per-student training costs to a realistic figure.

Standard 4.2: Budget
An adequate annual budget should be developed, allocated, and used for the operation of the program.

Standard 4.3: Budget Preparation
The budget should be prepared by the institutional administration in conjunction with the program faculty.

Standard 4.4: Status Reports
Budget status reports should be made available to program staff at least quarterly.