What costs will CPB pay?
CPB will pay an annual sponsorship fee to the Foundation that will enable participants to hire students through this program. CPB will also reimburse stations/producers 50% of each students’ salary (up to $2,000 per summer and up to $4,000 annually respectively according to which program the station/producer is a part of ), as well as match the full salary (up to $4,000 and $6,000 respectively), paying into a scholarship fund for the student which is managed by the Foundation. The scholarship funds are used to help students defray the costs of college tuition and related expenses.