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Center for Career Development : Discovery Externships

Financial Considerations:

The Good News…
• Under the CCD’s original 6-year financial strategy for the program, the CCD is currently planning to partner with externs in funding half of the cost for long-distance travel, if needed, outside a 100-mile radius of campus or the student’s home, for Summer 2008 Discovery Externships. Costs will vary depending on location, transportation fees, etc. The remaining balance will be billed to your student account. If the extern receives a round-trip transportation ticket (air, train, etc.) and needs to change or terminate the agreed upon dates of the externship after the purchase of the ticket, the extern will be responsible for the total cost of the ticket as well as any monetary charges associated with its termination. The extern will be responsible for communicating any of these changes directly to the Travel Agent and the CCD. The Center will not cover the cost of transportation within a 100-mile radius of campus or the student’s home. The center will provide partial support for driving expenses (outside the 100-mile limit), but not overnight accommodations.

• The Center plans to assist students with identifying the safest, most affordable housing arrangements possible for the duration of the Discovery Externship (e.g. alumni homestay, hostel, university housing) and plans to fund half of the housing costs where alumni homestays are not available, up to a maximum of two weeks. The remaining balance for housing costs where an alumni homestay is not available will be billed to your student account. The alumni homestay is a generous contribution from “K” alums, providing an extern with free or minimal cost housing. If an alumni homestay is identified near the externship site, this option will be pursued first in coordinating the schedule of the externship. If the homestay is not available and the extern secures housing other than what is supported by the Center, the extern will be responsible for the costs associated with that living arrangement.

• The Center will also provide a modest grant to help cover a small portion of actual expenses (meals, bus fare, parking, etc.) incurred during the externship, up to a maximum of 4 weeks in length. This does not include personal items such as clothing and toiletries. The student will be responsible for all other excess costs incurred on the externship experience. If you are selected to participate in a Discovery Externship, your check will be available at the Center. If you are not on campus during the Spring 2008 quarter, your check will be mailed to the home address listed on your application. All receipts and any unused funds from this grant will be submitted to the CCD for future budgetary projects and record keeping purposes.

The Bad News…
• If the extern participant withdraws from the program, the student will be charged a withdrawal fee of $250. If the extern participant withdraws after the transportation ticket has been purchased, the student will be charged the $250 withdrawal fee and the cost of the ticket. Additionally, if the grant has been issued in the case of a withdrawal, the extern will be required to return the funds to the College within 3 business days from the withdrawal date to avoid being billed that amount plus a $50 administrative fee.

• Failure to hand in the requested program items outlined in the “Participant Responsibilities” section, page 180, of the Discovery Externship Catalogue will result in the extern reimbursing the CCD up to all costs associated with the Discovery Externship experience.

• As participation in the program is a serious commitment and because important long-term relationships are at stake, students will be charged these fees accordingly. (It is your responsibility to communicate all financial obligations with whoever is responsible for paying your student account.) In the unfortunate event of illness, injury or other extenuating circumstances, the Center reserves the right to waive the above policies.

A Note on International Externships...

Due to constraints of time, distance and cost, international externships will likely represent a small proportion of our catalogue listings. Regarding the higher cost of international opportunities, students will need to consider the following limitations on funding support:


• The Discovery Externship budget will match the student’s contribution for travel (up to $500) and provide the usual grant to help subsidize day-to-day expenses.

• Students may seek a grant of up to $600 through the Center for International Programs under the Project Grants offering through Beeler Fund. Inquire with the CIP for the details of the grant application process and deadline.


So, for example, if a student’s round-trip flight to Bombay, India for a two-week externship costs $1800, the student:


• May apply for/receive a grant from CIP (Beeler) for $600*.

• Will receive $500 through the Discovery Externship Program budget.

• Will need to personally contribute $700 towards the cost of travel.

• Will receive $100 through the Discovery Externship Program budget to apply towards actual expenses in the externship.


*If the Beeler grant is not awarded, the student will need to cover the additional share of the cost for the round-trip airfare

 
December 3, 2007