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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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