OPM Revolving Fund:

OPM Sets New Tuition Pricing Policy

GGD-94-120: Published: Apr 6, 1994. Publicly Released: May 13, 1994.

Additional Materials:


Office of Public Affairs
(202) 512-4800

Pursuant to a congressional request, GAO reviewed the Office of Personnel Management's (OPM) tuition setting methods for training courses funded through its revolving fund, focusing on: (1) how tuition charges are set; (2) whether the tuitions of individual courses are reasonably related to their costs; and (3) how excess tuition income has been used.

GAO found that: (1) it could not evaluate OPM tuition-setting methods because OPM set the tuition for many courses long ago and did not retain the documentation; (2) OPM is supposed to adjust tuition charges to recover projected cost increases or decreases per course, but OPM uses across-the-board adjustments on a nonannual basis; (3) the OPM accounting system makes it difficult to verify revolving fund costs; (4) OPM does not allocate indirect costs to individual training courses, but it allocates indirect costs proportionally to a course's direct costs; (5) course revenues vary from 25 percent to 257 percent; (6) OPM officials state that the income from some courses offset the losses from other necessary courses; (7) before fiscal year (FY) 1989, the OPM training activity as a whole generated net income, but it incurred annual losses that resulted in a cumulative deficit of $7.7 million by FY 1992; and (8) OPM has developed a new training course pricing policy to ensure that prices would cover all direct and indirect costs, pricing methods would be documented, and differences in pricing practices would be reduced.

Nov 5, 2018

Oct 25, 2018

Sep 28, 2018

Sep 20, 2018

Sep 17, 2018

Sep 12, 2018

Sep 5, 2018

Aug 30, 2018

Aug 27, 2018

Aug 15, 2018

Looking for more? Browse all our products here