Below is a breakdown of OGS's fixed expenses related to accreditation and authorization, our single largest expense category on our budget.
- $10,500 - TRACS Annual Fees (US Department of Education and CHEA Accreditation)
- $9,000 - THEC Annual Fees (Tennessee States Authorization)
- $4,000 - NC-SARA Annual Fees (State Authorization Reciprocity Agreement)
- $800 - California State Authorization
- $3,200 - Federal Student Loan Participation
Annual Fixed Expenses: $27,500
These fixed expenses are what make it possible to continue to operate as an accredited and authorized higher education institution.
But did you know, the total amount of $27,500 is higher than any salary of any employee at OGS? We are a small institution with a team who makes great personal sacrifices to sustain the mission of OGS. Will you join us by helping guard our accreditation and authorization through monthly giving?
OUR GOAL
If just 23 friends and alumni pledge to give just $100/month or $1,200/year, we can guard our accreditation and authorization for the year to come. However, gifts of any size are appreciated and will help us defray these expenses.