Santa Marta Students are READY for College - Help put it within reach! Scholarship Program for Disadvantaged, Poor El Salvador Students

Budget

Scholarship Working Budget

Total needed per year: Roughly $30,000
Scholarships for the 17 Santa Marta University Students: roughly $15,000
Rent for a house that holds the 17 students in San Salvador: $3,600/year ($300/month)
Food, transportation, computer use budget for each student ($60/month/student): $12,240/year.
Santa Marta High school (also part of the scholarship program)

Thanks to the help of international donations, Santa Marta was able to set up and certify its high school in 2004. However due to backlog the government has not yet certified the high school for the number of students that are enrolled, so only 3 of the 6 teachers are paid by the government. One of the three teachers also runs the computer center, and according to Salvadorian law, if the computer center shuts down, the high school is no longer certified.

Teachers in El Salvador are paid $5,000 per year, so with three teachers, it costs $15,000 per year.


The following is last year's budget, when eight students were participating in the scholarship program. Since then, Santa Marta has pushed even more kids through high school and the program now has 17 students.

University Scholarship Budget for the Youth of Santa Marta 2005
Category Quantity Monthly cost per student Monthly cost for the group Annual cost for the group
University expenses per student        
Food at the University 8 40.00 320.00 3840.00
University fees 8 4.80 38.40 460.80
Consumables 8 5.00 40.00 480.00
Transportation 8 16.00 128.00 1536.00
Subtotal   65.80 526.40 6316.80
         
Expenses for the group        
Food at home 8 30.00 240.00 2880.00
Rent 12 36.88 295.00 3540.00
         
Water 8 1.11 8.89 106.67
Electricity 8 1.11 8.89 106.67
Telephone 1 3.33 30.00 360.00
Subtotal   72.43 582.78 6993.33
Total University Cost for Scholarship Student   138.23 1109.18 13310.13
House installation and setup expenses        
House deposit 1 295.00 295.00 295.00
Kitchen 1 40.00 40.00 40.00
Chairs 5 7.00 35.00 35.00
Rooms 5 260.00 1300.00 1300.00
Pots and pans 4 10.00 40.00 40.00
Cleaning Utensils 1 10.00 10.00 120.00
Transportation 1 45.00 45.00 45.00
Subtotal   667.00 1765.00 1875.00
Project Administration Expenses        
Accountant 1 100 100  
Accounting assesment 22% time 1 100 100  
Education Coordinator Technical Monitoring 1 100 100  
Subtotal   300.00 300.00  
         
TOTAL   1105.23 3174.18 15185.13