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European Journal of Open Education and E-learning Studies ISSN: 2501-9120 ISSN-L: 2501-9120 Available on-line at: www.oapub.org/edu Volume 2 │ Issue 2 │ 2017 doi: 10.5281/zenodo.825889 FUNDING E-LEARNING: A REVIEW OF PAST STUDIES Marilou Ioakimidis Assistant Professor, University of Peloponnese and Visiting professor, National and Kapodistrian University of Athens, Greece Abstract: Although it may be a cause of regret for some, modern education providers seem poised to continue and extend the use of technology in the provision of education. The precise details of how this use of technology unravels over time will be revealed gradually, but important decisions about how to fund distance learning provided electronically and what the expected outcomes will be, need to be made on the ground. However, even though the technologies now available are rather new, distance learning does have a recognised history to which we can and should refer. The purpose of this paper is to shortly present past studies with ideas and models of funding e-learning university programmes from both institutions’ and students’ point of view. Keywords: e-learning, funding, review, past studies, university, students 1. Introduction New and emerging technologies have changed forever the way in which education, and particularly distance education, are provided. These technologies continue to change at a pace so rapid that data collected in January of any given year are no longer valid by the end of that same year. The cost of acquiring and maintaining these technologies also changes, and this is only one of the barriers to performing an adequate cost assessment. We can also point to difficulties in determining outcome. In general, however, it should be noted that while set-up costs are often extremely high, as are initial costs in providing training and support to teaching and administrative staff and even students, these costs decrease with time, especially if the institution uses off the shelf program providers rather than having special software designed in-house or privately. In other words, the cost-effectiveness of these technologies in the provision of education should be calculated over time. Copyright © The Author(s). All Rights Reserved. © 2015 – 2017 Open Access Publishing Group 1 Marilou Ioakimidis FUNDING E-LEARNING: A REVIEW OF PAST STUDIES For downloading the full article, please access the following link: http://oapub.org/edu/index.php/ejoe/article/view/884 European Journal of Open Education and E-learning Studies - Volume 2 │ Issue 2 │ 2017 2