Does my university get royalties off anything I develop while attending?

[enephs]

Someone told me yesterday that I should wait till I graduate to launch a number of projects I have due to the fact that the university will be entitled to royalties because "i used their resources", which in reality I haven't.

I pretty much lol at him because he used Gatorade as an example and said that this is why dell dropped out. Any truth to this?

[citizen38]

Are you using your university's resources to develop your project? If not, then no.

[Easiest Web Hosting]

Best to simply check with your university - they shouldn't be hiding anything from you. Like citizen38 said - as long as you're not using their resources (or being employed by the university) you should be fine. Even if you are using their resources, policies vary among different institutions.

[Mundy]

There are many businesses launched at colleges. A local micro brew was launched in one of my professor’s classes. There is also a great book "the student entrepreneur" it’s free to download on kindle. It is all about how to launch a business while attending college and how to use the teachers and resources for your benefit.

If we entrepreneurs owed royalties to everyone who helped us we wouldn't make money.

[Mundy]

Also you being a student are paying to use the recourses and if it is a state school it is your tax money paying for the school. Tech fees, bond fees, etc.

[redmaiev04]

Well, as a student the allocation of the budget must be taken into considerate.
You'll never know if you got charged for a facility you doesn't use

[marykabrown]

Its all depends on various factors









University Transcription

[jasonpat]

Some of the universites are related with the royal working system that is why this happen.