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Bonner Program Financial Structure
Some ideas
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
✤
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)
✤
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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Bonner Program Funding Sources & Models

  • 1. Bonner Program Financial Structure Some ideas
  • 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. 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. 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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