I have a time lapse on Vimeo and was contacted about licensing it for a school educational series. I have no idea what to charge. Have never been in this position.... Can anyone give advice on this matter?

Here is the video for reference

https://vimeo.com/64042864

Thanks

Depends on how much of the video they want, how many clips...

Ultimately the market for this stuff is quite saturated so it depends on how badly they want your particular clips.

I only have experience licensing to ad/media companies for small promos in NA. In EU you can charge more.
I was only getting like $150 a clip for multiple clips. For a single clip I can get away with $250.

Also it depends on how badly you want to license and what kind of terms

Media business is like anything else, people talk a lot, but a deal is only done when you have the money in your account.
Most things people say will be BS - i.e. we might have more business for you later! Yeah, right.

Good luck!