@Ez2cDave, thanks for the breakdown. They are much appreciated! We're trying to get the students to contribute as much as possible; however, being an open-access institution and not a university, our students do not have a lot of expendable funds. Our rough estimate was $10,000 to cover the entire cost, including the motor, and any additional components we need, like the hardware (eyebolts, screws, heat-set inserts, etc.), possibly upgraded GPS to meet requirements of the SA Cup rules, antenna for receiving station, competition fees, etc. We've been trying as hard as we can to cut expenses where we can. For example, we are looking at a cheap Airbnb, possibly costing about $190 per person for the entire week.