This paper describes a pilot program in institutional financing. It was designed to be used at a predominantly white Southwestern land grant university to increase the participation rate of black engineering students, but it may be used with slight modifications to increase the number of blacks and other minorities in other professions. In 1969 the faculty of the School of Electrical Engineering at Oklahoma State University undertook a pilot program to work with approximately 12 black undergraduate students who wanted to prepare for careers in electrical engineering. Some of the students were experiencing academic problems because of inadequate preparation for a curriculum in engineering, some were having difficulty in making social adjustments to the predominantly white campus, and some were in need of financial aid. Faculty and black students agreed to concentrate on special tutoring, special counseling and individual follow-up. The students were also provided with financial aid sources, special on-campus engineering-related activities, tutoring and periodic social sessions. The results of this pilot program were satisfactory. Minority student enrollment more than doubled during 1974-75 academic year and this trend is expected to continue. Inspired by the initial success, the university undertook the responsibility to generate additional financial support for the minority student program. An outline of a set of sequential developments used in the projection of the estimated educational cost and retention rates of minorities in engineering is provided. (Author/AM)