Page 27 - Citizens' Education Inc.

Use of Funds - $3.5 Million

Expenditure Plan

CHS Program Build Out
$300,000  Teen Mom, African American Electives
 CHS Spanish (Latino)
 Course Development

University Acquisition Expenses
$1,000,000

University Infrastructure Build Out
$700,000 • Content Data Base Build Out

• 3 Month Staff Development
• 5 Month Business Expenses

Reserve
$ 1.5 Million • Accreditation Requirement

• Reinforce Success

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Confidential