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![]() Coming Home from Shopping - Serbia |
| ECHO-DANUBE
2004 will receive only a portion of its total budget
from the grant award. Monies provided will be only cover roughly 60%
of the total budget. The other 40% must come in the form of "cost-sharing."
CEC is providing roughly 20% of the direct cost budget. The remaining 20% must be raised through a "per participant" charge, estimated at $2,200. This can come from any source--- participants' school districts, personal funds, lottery income, bake sales, soda can collections, etc. (Local districts may use federal staff development monies to support particpants since ECHO-DANUBE 2004 is an advanced professional development activity) Granted
that $2,000-$2,200 is a large amount! However, when measuring costs
against benefits, it is really quite reasonable for a month-long trip
abroad. Considering the cost of the whole project comes to almost exactly
$10,000 person, participants will be getting a great baragin. Here
is a breakdown that shows what "benefits" are offered:
Well before travel starts, CEC will send each person a check to cover meals and the other allowances listed above. Actually, combining this check amount with the value of your airline ticket, participants will be getting theirr money back (and then some!) before even leaving the United States. Note,
too, that the "per participant budget estimate" has been deliberately
"high-balled." We have found in the past that it is much better to estimate
high and give some money back than it is to figure low and have to pass
the hat later on! (No
promises, of course, but we really have given people some cash back
in past ECHO projects when actual costs did not run as high as expected.)
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* $1,000 to accompany your "Letter of Acceptance" when you accept your invitation to take part in ECHO.
* $1,200 payable before July 1, 2004. (Less if the project's final
budget can be reduced.) |
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