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NEW The Potential “Real Cost” of a Course Book to a UW Student Retail Price What Can UW Faculty Members Do to Save Students Money USED $100.00 $75.00 Book is Sold Back to the Book Store $55.00 Net Cost of Book To UW Student $45.00 $20.00 UW Customer Rebate $10.00 $7.50 Real Cost of Book To UW Student $35.00 $55.00 55% of Current New Book Price (assumes the book is used for another UW course) 10% Rebate —Reduces cost of a future book store purchase $12.50 Example based on a $100 new course book Where Does the New Course Book Dollar Go? Prices of many course books are high. Often the Book Store is blamed for these high prices. The reality is that most of the price of a new course book is paid to the publisher. Following is the most common example: . . . . . . . . . . . . . 76¢ (Paper, author royalties, editorial, marketing and operating costs, and publisher income) Academic Publisher University Book Store . . . . . . . . . . . . (Personnel, operating and freight costs, taxes, UW Customer Rebate, Income) Total . . . . . . . . . . . . . . . . . . . . . . . . Products 24¢ $1 Why Are Due Dates So Far in Advance of the Beginning of the Quarter? • To ensure that previously used books can be bought back from students as soon as possible and at the highest prices. • To ensure that course materials are available to students as soon as possible. Course Materials Due Dates Quarter Due Date Fall Winter Spring Summer May 25 October 25 January 25 April 25 • Adopt previously used books as often as possible. • Submit course book adoptions by the due dates. • Evaluate textbook “bundles” carefully to ensure that bundled materials will be used in the course. • Before adopting a new edition of a textbook, make sure the changes from the previous edition are significant enough to make a difference in the course. • Provide the Book Store with lists of all course materials, not just books, required or recommended for your courses. • Shop at University Book Store. Proceeds from every purchase directly benefit UW students and the greater UW community. • 10% UW Customer Rebate — Over $27 million in rebates provided to the UW community since 1930. • UW Student Scholarships — Over $750,000 in scholarships provided to date. • Special Academic Pricing on computer systems, software and Apple products — best prices available. • Sponsorship and support of UW faculty authors, department lectures and events. • Over 450 author events annually. • All course materials selected by UW faculty are stocked in the right quantities. • Expert assistance to UW Faculty in selecting and sourcing course materials. • To ensure that a sufficient number of books for each course can be acquired before the quarter begins. New & Used General Books • Books & Materials for UW Courses Computers, Software, Supplies & Accessories • Student & Art Supplies UW Husky Gear • Gifts, Cards & Stationery • the book store café Benefits to the UW Community Services Free Gift Wrapping • Free Shipping of General Books Anywhere in the US • Free Author Events • Free Wi-Fi • Purchase of Used General Books • Validated Parking • ubookstore.com About University Book Store U District & Technology Center 4326 University Way NE (UD) 206.634.3400 (TC) 206.545.4382 1.800.335.READ University Book Store’s mission is to provide University of Washington students, faculty and staff with supportive and Bellevue 990 102nd Avenue NE 425.462.4500 1.888.335.READ valued products and services as well as meaningful savings and benefits in an environment that delivers a superior Mill Creek 15311 Main Street 425.385.3530 1.866.341.READ customer experience. We believe in and support the University of Washington’s vision to change people’s lives through education. Board of Trustees University Book Store is a corporate trust governed by an eleven-member board of trustees, consisting of: • 5 UW students • 4 UW faculty members • 1 UW administrator • The Book Store CEO The Trustees also serve as Directors of University Book Store, Inc. Please visit ubookstore.com for more information. or contact: Bryan Pearce, CEO 206.545.4392 [email protected] Who Started University Book Store? Two UW students started University Book Store in January 1900. Two UW faculty members donated a total of $100 in capital. Who Owns University Book Store? University Book Store is owned by the University of Washington Book Store Trust. The Trust is governed by an eleven member board of trustees consisting of UW students, faculty and staff. How is University Book Store Organized? Your Book Store is organized as a for-profit corporate trust. UW students, faculty and staff are beneficiaries of the trust. Where do the Earnings Go? All earnings not required to operate and grow your Book Store go to UW beneficiaries in different ways. Tacoma 1754 Pacific Avenue 253.272.8080 1.800.335.READ HUB 100 Husky Union Building 206.543.5896 1.800.335.READ Bothell 18325 Campus Way NE, Suite 102 425.352.3344 1.800.335.READ Health Sciences 301 South Campus Center 206.543.6582 1.877.335.READ ubookstore.com