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What is the anticipated cost of the Rotary Scholars Program?

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What is the anticipated cost of the Rotary Scholars Program?

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While it is possible to know what the Rotary Scholars Program would have costs based on past precedent, it is impossible to place an exact dollar amount on the program’s future cost for three reasons: First, there is no guarantee that Federal PELL grants or state KEES money will be available for future students. Secondly, it is not possible to know what tuition costs will be in future years. And lastly, no one knows just how many students – who wouldn’t have previously met the program’s requirements – will now be motivated to earn the scholarship, or how many students – who initially planned on going elsewhere for their post-secondary education – will attend Hopkinsville Community College instead. Thus, the Hopkinsville Rotary Club can only estimate what the Rotary Scholars Program will cost, and based on extensive calculations, year-one expenses should be approximately $90,000. Subsequent years are estimated at $180,000.

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