Evaluation CriteriaEvaluation Criteria

While a variety of considerations are used in evaluating proposals, the Foundation will pay special attention to the following:

Significance

Does the proposed project effectively address the key issues outlined in the current guideline?

Plan of Operation

Is there good potential for the proposed project to reach its stated objectives?

Technical Soundness

Does the applicant exhibit a thorough knowledge of current developments in economic education, and are the proposed methodologies and/or implementation designs adequate?

Quality of Key Personnel and Reputation of the Institution

The quality of any co-sponsoring institutions will also be considered under this criteria.

Budget and Cost Effectiveness

Leveraged uses of Foundation funds along with possible matching sources will be evaluated favorably.

Evaluation

All proposals should have an evaluation component. The Foundation is interested in knowing how the project will be measured against its stated objectives.