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Real-Life Math

You hope to receive arts funding to write a script. It will be about the life of a famous political leader.

You need to create a budget proposal for the project. You'll submit this proposal to various government and private agencies, and then cross your fingers.

Your budget proposal includes the following expected expenses:

  • Airfare: $700
  • Car mileage: 1,200 miles at 25 cents per mile
  • Script fee: $1,200
  • Fringe benefits: $3,000
  • Script editor's fee: $3,000
  • Photocopying and office expenses: $500
  1. How much money are you going to request?
  2. If you add 15 percent for contingencies, what will be the total?

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.