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"College textbook publishing:

Royalties, risk, and reward"

"The most common financial arrangement for textbooks is for an author to receive a percentage of their published book’s sales, also known as a “royalty rate.” Payments based on contractual royalty rates are remitted to authors by their publishers at regular intervals along with a statement of account."

 

https://blog.taaonline.net/2018/08/college-textbook-publishing-royalties-risk-and-reward/#:~:text=The%20Royalty%20Landscape&text=For%20the%20most%20part%2C%20royalty,agree%20to%20share%20publication%20costs.

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Students may transfer 'up or down' if personal circumstances indicate.

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