As an M Store employee, you have access to all the stores financials and can attest that not a single dime of income is used to subsidize the cost of books purchased by students attending the state college of agriculture?
1. "Schreier said the mission of the bookstore has always been to keep book prices as low as possible. Profit from the store’s merchandise sales goes to lower the cost of textbooks, which are at least 10% lower than national retail prices and up to 20% less expensive than other university bookstores, he said.
In addition to continuing to offer used books and rental options, the store has started offering more textbooks through an “inclusive access” model that delivers materials digitally to students during a course. If a professor chooses to use inclusive access, students in the course have 15 days to view the text and decide if they want to pay an access fee, which is far lower than the retail or print prices of the same book.
Schreier explained the inclusive access model is different than simply renting a digital textbook because the bookstore can negotiate lower rates based on student enrollment in a course, compared to just an individual going out and buying their own ebook. That means publishers essentially offer bulk discounts for textbooks. Additionally, if textbooks in inclusive access are OER, that means they are free for students.
The inclusive access model has grown each year, Schreier said. Between spring 2023 to 2025, MSU saw a 67% increase in students enrolling in inclusive access and a 156% increase in the number of courses offering their books through it. The inclusive access platform saw around 20,000 enrollments last spring — which is higher than MSU’s headcount — indicating students are using it for multiple classes. Close to 60% of textbook options submitted by MSU faculty to the bookstore are part of the inclusive access program, he said.
The result is that MSU students have saved millions on textbooks. In the 2024-2025 academic year alone, inclusive access saved students $2.7 million compared to traditional new print textbooks, he said.
MSU is also working to launch a tool where, at the point of registration, students will be able to see which classes offer a free or low-cost textbook, defined as under $40. That way, students can see before registering for a class whether they can afford the book.”
Montana State University students may be paying far less for textbooks than their peers at other universities due to multifold efforts to lower costs.
www.montana.edu
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OBERLIN, OHIO (March 11, 2019) –
Chad M. Schreier, MBA, CCR , chief executive officer of the MSU Bookstore Inc., Montana State University, Bozeman, was installed as president of the board of trustees of the National Association of College Stores (NACS) during CAMEX 2019, NACS’ annual convention and trade show for the nation’s campus store industry.
Schreier has a master of business administration and a bachelor of arts degree from Lebanon Valley College. He earned the Certified Collegiate Retailer designation, which is a professional credential awarded by NACS.
He was named CEO of the MSU Bookstore, Inc. in Bozeman, in 2016. Previously he served as campus store director at MSU Bookstore, Inc., Montana State University, Billings and as college store director at Lebanon Valley College Store, Annville, PA.”
OBERLIN, OHIO (March 11, 2019) – Chad M. Schreier, MBA, CCR, chief executive officer of the MSU Bookstore Inc., Montana State University, Bozeman, was installed as president of the board of trustees of the National Association of College Stores (NACS) during CAMEX 2019, NACS’ annual convention...
www.nacs.org