School Book Rental Scheme & Management Issues

Here is some information about the management issues to consider when investing in a School Book Rental Scheme.

Management Issues

A textbook fund administrator will need to be appointed and this can be delegated to a deputy head, a senior teacher or a member of the Parent Teachers Association. The appointee would be responsible for the scheme’s day to day running at the school.

The duties include the following:

Identifying new books and class participation.

Organizing the tagging and covering of books
Distributing books to students
Collecting rental fees from students
Requesting additional books when needed
Maintaining textbook ledgers
Developing a school book policy
Instructing students on proper textbook care
Collecting books at the end of the year and returning the textbook inventory and re-ordering form
Negotiating purchase/volume discounts with booksellers for following year

The senior management team (Principal or PTA) is often responsible for the proper administration and management of the fund.

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