SVYM-VidyaKiran Budget Proposal April 2009 – March 2010

1. SVYM-VidyaKiranBudget ProposalApril 2009 – March 2010 Stewards: Neil Kadakia and Archana Sheth

2. Project Description • SAC project • Location: Kote Taluk, Mysore • Area (rural/urban): Urban • Primary focus: Economically disadvantaged students wanting to pursue their 11th and 12th standards (I and II PUC)

3. Student Information • Current students • 96 students • 33 II PUC Students • Will graduate this year • 63 other students (58 I PUC, 1 education, and 4 engineering students) • Education and engineering students will graduate this year • Additional students to be sponsored • 30 I PUC–Science students • 15 professional course students • Total students for 2009-2010 school year: 103 students

4. Challenges and Successes • Challenges: • Ensuring that students chosen are dedicated to coming to the center and pursuing higher education • Processes in place to overcome challenge: • Have contacts at the school who nominate students for the program • Conduct house visits for prospective students • Successes: • 100% of II PUC students are taking the exams to pursue graduation courses

5. Proposed Budget • 2009-2010

6. Proposed Budget - Salaries Program Manager: Jyothi Lakshmi Admin Assistant: Hiring Now

7. Proposed Budget – Operational Costs • Rent • The SVYM-VidyaKiran center is located in the heart of Mysore which makes it easily accessible to the students • Initially tried to use a center in a different part of the city which had lower rent, but it was inaccessible to the students • Operational costs • Cost covers: paper, stationery, office supplies, computer costs (software, antivirus, internet and repairs)

8. Proposed Budget - Visits • House visits - Program manager visits the homes of prospective students to meet with them and their families and help assess their need of SVYM-VidyaKiran’s assistance - Cost covers: transportation (gas), food, Xerox charges, and battery for camera • Exposure visits - Students visit software companies, pharmaceutical companies, etc., to gain exposure to various professions - Cost covers: transportation (to Bangalore), entrance fees (where required) and food

9. Proposed Budget - Transportation • Transportation cost covers: - Visiting colleges for pre selection of students - Arranging hostel facilities for students - Visits to professional colleges - Visiting the students homes • If they are not coming to the center • Or, if they are having trouble in school • Bus passes are only provided to select students who live very far from the SVYM-VidyaKiran center and their parents cannot afford to buy the bus passes themselves

10. Proposed Budget - Library • Rather than providing each student with books to take home, the SVYM-VidyaKiran center has a library from which students can borrow books - This reduces costs and ensures students are still getting the information they need • Cost covers: 15 sets of books; each set contains 6 subjects (Physics, Chemistry, Biology, English, Math, Commerce) • Will obtain other used textbooks from donors

11. Proposed Budget - Furniture • The SVYM-VidyaKiran center needs new desks on which the students can study • Received chairs from donors, but they are breaking from general usage and need to replaced

12. Proposed Budget – Meetings • Cost of counseling meetings include: career counseling expert’s fees, food, transportation charges and accommodation expenses for counselors(because they come from Bangalore) • The counselor works for a company called The Promise Foundation Banglaore • Will provide a series of aptitude tests to students • Cost of parent meetings include: venue and food

13. Costs include: Cleaning of office (mopping, sweeping, trash removal) Daily newspaper Food (a snack on Diwali or a light breakfast to students who can’t eat at home) Other minor expenditures Proposed Budget - Miscellaneous

14. Budget Breakdown • SCHOLARSHIPS • Scholarship money goes towards the coaching fees of students • College fees are only about Rs. 3,000 and therefore the parents pay • PUC-Science institutes attending a coaching center called The Time Institute • Coaching proctors conduct tests at least once a month • For II PUC students, the centers helps them prepare for the Board Examination • Fees for the I PUC science students are Rs. 8000 instead of Rs. 5000 because they attend all major subjects (physics, chemistry, math, biology/computer science) • Fees for II PUC science students are Rs. 10,000. However, SVYM-VidyaKiran has already paid half their dues to the Time Institute and therefore this budget only shows the cost as Rs. 5000.

15. Budget Breakdown (cont.) • PROFESSIONAL COURSE STUDENTS • II PUC students will be starting professional courses • B. - Pharmacy, B.Sc - Speech & Hearing, B.Sc - Nursing, B.Sc – Teaching (4 years), BAMS - Ayurvedic Medicine Course, etc. • Some students cannot receive bank loans for this higher education • SVYM-VidyaKiran wants to provide these students with financial support for four years • SVYM-VidyaKiran will track these students through their four years • Will update sponsors on students, test scores, etc.

16. Proposed Budget - Education

17. Budget Summary October 2007 to September 2008 vs. April 2009 to March 2010 (Distribution for period of October 2008 to March 2009 was not made because previous disbursement sufficed)

19. Question and Answer Session Thank You for Your Time and Consideration