This report discusses the impact of the New England Regional Commission (NERCOM) funds allocated by the New England Program in Teacher Education (NEPTE) on local programs where experimental approaches were designed to improve existing teacher education practices. Specifically, this report addresses the costs associated with various activities that make up a project cycle and lead to outputs by funded projects in terms of products and/or personnel resources (either used to do training or to serve as resources for other projects). The report discusses six staff Development Cooperatives funded by NEPTE from 1971-1974. It represents a first level analysis of the effect of dollars investment and utilization in the cooperatives. The dollars given to each cooperative are the project inputs. Two general categories--organizational, and training and product development--are used to discuss costs associated with a given project activity. What was produced by each cooperative represents the output of the project cycle. Outputs in this report may be either exportable products or personnel resources that were used or developed as a consequence of project operations. (RC)