Keller Radio Farm System To Offer Graduates Loan Opportunity
August 2, 2006 at 2:08 PM (PT)
In follow up to last month's announcement of the debut of THE KELLAR RADIO FARM SYSTEM INSTITUTE at APPALACHIAN STATE UNIVERSITY, the University is excited to announce that each student graduating from the program will have the opportunity to apply for $50,000 in seed money in the form of a low interest loan favorable to the student for investment in radio broadcast ownership.
The INSTITUTE is a 10-day summer program, scheduled to start in the summer of 2007 and designed to attract, train and create opportunity for talented students that have a passion to work and excel in the radio broadcast industry. Those attending the program will juniors and seniors with a communication major or minor. Future plans call for regional and eventually national acceptance of communication students.
The funds for the institute and the loan are provided through the KELLAR FAMILY FOUNDATION, who, under the leadership of Pres. ART KELLAR, retired broadcaster and former owner of a group of radio stations, has committed $500,000 to start the radio farm system at APPALACHIAN. The institute will be led by top radio consultant DAN VALLIE of VALLIE-RICHARDS CONSULTING.
Each student, as part of the loan program, will be required to complete a business plan to apply for the funding. All students who complete the institute will be eligible, and they have up to 10 years following graduation from the institute to apply for the $50,000.