V. Administrative Fee
The true cost of this yearlong
experience is more than $7000. However, the New Memphis Institute
receives generous support from corporations, foundations, and individuals to
significantly offset that cost, safeguarding a level playing field.
Fellows pay a $1200
administrative fee to help
ensure a top quality experience. This fee can be paid over time, and a
range of payment options are available. Unquestionably, the value of the
experience far exceeds the fee.
We request that Fellows pay a
quarter of their fee ($300) to guarantee their spot when they are notified of
their acceptance to the program. At that time, payment options for the
remainder of the fee can be arranged.