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Financial Aid

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Financial Aid

  1. 1. Bonner Program Financial Structure Some ideas
  2. 2. Sources of Funding Institutional Financial Aid ✤ Federal and College Work Study ✤ AmeriCorps (Education Awards) from Bonner Foundation ✤ Other Grants (Bonner or other sources) ✤ VISTA positions, partnerships with local consortia ✤ Endowments ✤
  3. 3. Program Model 2-4 Years duration ✤ Fund for 10 hours/week during School Year ✤ Provide summer stipends or aid where funding permits ✤ Utilize work-study or scholarships for stipends ✤ Institution (or grants) support program costs (staffing, training, trips) ✤
  4. 4. AmeriCorps Slots Choose slots that make sense for your program, partners, and ✤ students. Term choices: ✤ 300 hour (one year) $1,000 ✤ 450 hour (one year, including summer) $1,250 ✤ 900 hour (two year, half-time) $2,362 ✤ Newly passed bill will increase federal program & funding levels ✤

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