For the 2012-2013 LIFE program the program fee is $12,500 USD before grants and scholarships. Participants pay just $8000 or less with full Masa grants and other scholarships. In fact, many of our participants have raised funds or been awarded addition grants that covered the majority of the program fee. We work to find addition funding with all accepted applicants in need. Donations to LIFE are tax deductible. See a summary of what you get on LIFE.
NOTE: The cost of operating the LIFE program is approximately $17,500 per participant. However thanks to the generous support of foundations, organizations, partners and private funds, we are able to significantly reduce the fee.
Each accepted applicant will be asked to pay a $500 deposit, which will be applied to their program fees and serve to secure their spot on the program. In addition, LIFE will provide each applicant a personalized program fee payment schedule that will take into account the program deposit, Masa grants and other scholarship expected or awarded. Prior to starting the program all program fees must be paid. Payments can be made by bank transfer or credit card. LIFE will also ask each participant to prepare an undated personal check in the amount of $1250 (10% of the program fee) that will NOT be cashed as a security deposit against damages to the program and assets (apartments, etc). The check will be returned to you at the end of your successful participation on the program.