The College of Business encourages and facilitates student internships through departmental courses and faculty supervisors. Effective student internships are well known for providing practical hands-on learning and experience that cannot be duplicated through traditional classroom settings. To insure the educational value and integrity of the internship experience, each faculty supervisor will conform to departmental guidelines for internships and provide the student with proper guidance, direction, and oversight. Student learning goals will be identified and assessment thereof will be documented.
Pay for supervision of student internships is funded through two sources. For summer internships pay has come from tuition and been administered through the School of Continuing Education. Like under-enrolled classes, it is calculated at 85% of tuition with a maximum of 7.5% of academic year salary. This payment policy remains as is.
Fall and spring semester student internship pay has been funded by the College's unfilled faculty lines. Likewise, it was calculated at 85% of tuition with a semester cap of $2,000.
Given the tentative nature of the funds from the unfilled faculty lines, faculty remuneration for supervising student internships during the fall and spring semesters will change effective fall semester 2002. The policy will allow a course reduction in teaching load after the faculty member has supervised 15 student interns enrolled in a minimum of 45 credit hours of official College of Business internship courses during fall and spring semesters. Given that chairs may assign internship courses with sufficient enrollment as part of a faculty member's normal load, only one course reduction may be given during a year. Faculty members and department chairs may negotiate the term when the reduced teaching load occurs.
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