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D. Five-year, $50,000 Grants to the Colleges

To help underwrite the cost of the course, The National Education Project, Inc. provides $50,000 grants to colleges and universities under a standard, five-year contract, and each $50,000 grant is disbursed by the National Education Project to the colleges in 10 equal payments over a five-year period (that is, $5,000 per semester x 10 semesters).

These grants are used mainly to cover college faculty costs (salary and benefits) during the five-year grant period, although the college may pay small stipends to Student Coordinators to assist in coordinating the day-to-day work of the undergraduates.

At the same time, the undergraduates who enroll in these courses pay to the college the standard tuition that is required for any three-credit course.

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