The funds needed to create a signature comprehensive urban campus is estimated to be in excess of $75 million, including planning, property acquisition, new construction and renovation. Funding will be sought from state, Federal, local and private funds. The college and KCTCS have provided over $3.0 million to date to support the development and operation of the Urban Campus. The college has allocated nearly $2.0 million annually in operating funds, including salaries and benefits for personnel now housed at the Urban Center.
In addition, the Gateway Community and Technical College Foundation is in campaign to raise $5 million toward the initial design and development of the Urban Campus. A $10 million endowment also is being sought that will be devoted to the operation of the Urban Campus. This endowment will be used to fund startup costs for new instructional programs and new faculty and staff positions. An Innovation Fund will assist the urban core with specific programs targeting economic development through small business development. It is hoped that many of these businesses will emanate from student-developed/ led enterprises begun at the Urban Campus.
A federal appropriations request has been submitted to Washington, asking for $30 million to help design, construct, renovate, equip and furnish the Urban Campus.
Several scholarships have been established for urban students. The Sathe Family Endowed Scholarship, Butler Endowed Scholarship, the Urban Learning Endowed Scholarship and Gap Funding Memorial Scholarship have all been created in the past year to provide scholarships to students especially from the urban cities of Bellevue, Bromley, Covington, Dayton, Ludlow and Newport.