Well I've got two 50 minute classes back to back starting at 9 on M,W,& F, then i'm free. so I'll get there at about 11 and stay until everyone else leaves.(one friday I think I was there until 7:30) Most of the others will come play for 1 or 2 hours, go to class, come back. except Matt. he graduated last fall, but since both his job and UMBC are in walking distance from his house, he's always there to play.
As for the money. we've got about 8 people, so drafts seem perfect. one of our guys Adam, works at wizards so he might be able to get some kind of discount, plus Zadok said that if you buy a case from a retailer, its usually around 500 bucks. and that seems pretty good. We could always post notices on the bulletin boards and have everyone who isn't a "founding" member of the club pay to draft, but thats up to our treasurer.