Definition

Financial Transactions

ABC’s qualification review and audit processes won’t govern or consider financial transactions related to verified distribution (invoices, payment, rates charged, etc.). The focus of ABC qualification and classification for verified circulation is confirmation of request, distribution location and delivery.

Payment for verified, university copies may be obtained from the schools or third parties (sponsors). The copies are still classified as verified for ABC reporting purposes, regardless if any payment for the newspapers is obtained from the school or sponsor.

A newspaper may also wish to engage in fundraising activities to support the cost of producing and distributing copies to schools or other expenses. Fundraising efforts are not governed by ABC and will not impact the qualification or classification of verified, university copies.

Qualification Requirements

1. College or university requests the newspapers.
2. Distribution occurs in limited-access areas on campus restricted for use by students (i.e., dormitories, cafeterias, classroom buildings, or via "smart vending machines" operated by a student ID.)
3. Verified, university copies (all editions in aggregate) can’t exceed the number of registered students enrolled.
4. Only the number of copies actually picked up may qualify as verified circulation (gross draw less leftovers each day).
5. Records are maintained by the publication to confirm delivery and leftovers for each pickup location on campus.

Program Example

• ABC University has 2,000 registered college students and requests 2,000 print copies be made available in restricted areas on campus each day. Each day the newspaper records the number of copies leftover at each drop location on campus. The total number of copies eligible for verified, university copies each day is 2,000 less the number of leftovers.