Financing and Grants
Developing an adequate financing model for a private university in Germany is certainly one of the prior tasks. Compared with the US or other Anglo-Saxon countries, the German grant and scholarship or stipend system needs to be re-constructed on various levels, despite the fact that, during the last few years, fiscal conditions for founders and donors in particular have improved. It is important that sponsors be motivated and made supporting partners in all of the planned projects and various proposals. Once more, the College of the Atlantic would be reference point for getting started, even if the basic conditions in the US vary from those in Europe. Experience gathered over the years with the American model of financing private colleges and universities allow us to estimate with a relatively high degree of accuracy the amount necessary to establish a solid financial basis for this cross-Atlantic endeavor. Furthermore, the College of the Atlantic also offers us a plethora of experience with fundraising and cooperating with supporting groups and individuals, which would be useful to us in building up and developing a "College of the Atlantic for Europe".