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Participant Wages are figured out as follows: <br />We will have 15 youth participants in the program. <br />We have budgeted a stipend of $400 monthly be paid to these participants. <br />- Monthly direct services is $6,000 or $72,000 annually. <br />Notes: <br />The monthly stipend of $400 which is $100 dollars a week. We've opted out <br />of paying participant wages and kept it at a stipend. <br />Total Program Cost is $264,469 of which 45% is what we have been awarded to be subsidized by WIA. <br />at $120,000. 84% is allocated towards direct services to the client, .06% is staff fringe and 10% towards <br />the administration of the grant. <br />In short the per youth cost per placement at this breakdown is as follows <br />Exhibit G <br />$120,000 dived by 15 participants = <br />$8,000 cost per <br />placement <br />84% (which is direct services) of <br />$10,000 (cost per placement) = <br />$8,400 <br />10% (administrative cost) of $10,000 <br />_ <br />$1,000 <br />.06% (staff fringe) of $10,000 = <br />$600 <br />Exhibit G <br />