How much should an emerging illustrator charge?

I have a chronic habit of undercharging my customers because I'm still a student, so I would like advice from professionals please. I've been offered a job illustrating a book. The images are to be black and white (pen and ink) and about 5';x4';, with about 60-70 drawings.





They'd like to know how much I'll be charging. I have no idea! Is $10 per drawing too much, too little? What's a fair price that is reasonable for them but doesn't rip me off either?How much should an emerging illustrator charge?
http://www.amazon.com/Graphic-Artists-Gu鈥?/a>


^I'm a student too and this book really helps for artists like us as it gives you examples of sample fees and guides to pricing art. This version is current for 2007 and probably good for the next couple of years depending on how the market goes. And research on the internet too for going rates.





Also, as other professional illustrators as to how much they think is enough (like teachers and friends) to get a general idea. And, it would also depend on how detailed you get, what materials you're using, who the publisher is, how tight is your deadline, etc. I think 10$ a drawing is way to little because you're doing a lot of them. I would charge an hourly rate on top of cost of materials (and don't sell yourself too short) and be very punctual and professional about it (but that's just me, do more research on your own too).





And if it's too much trouble in the future (and when you're out of school), I'd hire an agent. http://www.shannonassociates.com/index.c鈥?/a> This is one a number of the teachers at my school use.How much should an emerging illustrator charge?
how long will they take you to do?Consider your rate by hour and also consider what the exposure is worth.