Lake Michigan College Minutes Board of Trustees Meeting 2026-04-21
LMC Renews Five-Year Ellucian Banner ERP Agreement
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Description
Lake Michigan College renewed its Ellucian Banner ERP maintenance and licensing agreement for a five-year term from April 1, 2026 through March 31, 2031 at a total cost of $1,198,398. The agreement covers core SIS functions, software support, system updates, and key cloud-based solutions.
Contract Details
Contract Amount
$1,198,398 (total five-year term cost)
Vendor
ELLUCIAN
Agency
Lake Michigan College, MI
Contract Type
TECHNOLOGY
Document Date
April 21, 2026
Contract Term
April 1, 2026 through March 31, 2031
Renewal Date
2031-03-31
Renewal Info
Five-year renewal term for Ellucian Banner ERP maintenance and licensing from 2026-04-01 to 2031-03-31 with annual billing and standard yearly cost increases. College is preparing for a full Ellucian cloud migration at the end of this term.
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