The Shared-Time Concept project was one of several conducted under a grant for a developmental vocational education research and teacher education program. Objectives were (1) to determine the extent and nature of use of the shared-time concept for conducting vocational education programs, and (2) to develop some administrative guidelines for establishing shared-time programs. Three kinds of activities were conducted during the course of the project: (1) data gathering and analyzing activities, (2) leadership development activities, and (3) dissemination activities. This publication, the fourth in a four-part series, is based on addresses and discussions in two workshops held July 1966 and July 1967 to discuss the shared-time concept. The topics treated include Legal Considerations, Alternative Administrative Patterns, and Financing Area Programs. Some of the specific experiences of administrators of area programs in Michigan are provided for others to consider in developing area programs through use of a shared-time concept. Other publications in this series are Community Factors (VT 008 390), Considerations for Curriculum Development (VT 008 392), and Practices and Procedures (VT 008 389). A final report of this project is available as ED 019 513. (MM)