The following policies apply to all F&A funds unless otherwise restricted by the funding agency.
F&A funds received will be divided and placed into restricted accounts in the following proportions:
A. 30% in support of the research and scholarship of the PI and the PI’s students
B. 15% in support of the research and scholarship of faculty and students in the PI’s department, program, or teaching area
C. 20% in support of student-faculty research at the College or School level
D. 35% in support of research and scholarship at the University
In the case of more than one PI, the funds will be divided, by the provost in consultation with the appropriate dean, in a fashion commensurate with the anticipated contributions of each PI to the project.
Funds will be administered in the corresponding accounts as follows:
A. By the PI for research assistants, research equipment, research supplies, or travel to meetings or research sites for the PI or the PI’s students
B. By the corresponding chair, director, or dean, for research assistants, research equipment, research supplies, or travel to meetings or research sites for faculty and students in the department, program, or teaching area, as well as to meet, in whole or part, matching or institutional cost-sharing obligations required for grant applications
C. By the College’s Director of Undergraduate Research, or the School of Theology’s designated research funds administrator, as appropriate, for strategic student-faculty scholarship initiatives, including research assistants, on- or off-campus workshops for grant writing and research dissemination, or travel to meetings or research sites for faculty and students in the College or the School, respectively
D. By the Provost, in consultation with the appropriate dean, for faculty research and scholarship in a broad sense, including seed money for faculty conducting pilot research in anticipation of applying for external support, travel associated with compliance workshops, matching or institutional cost-sharing obligations, and the stipend of the Director of Undergraduate Research
These funds cannot be used to supplement faculty compensation, except in the case (a) of the stipend of the Director of Undergraduate Research and (b) full-year sabbatical leaves when a PI’s compensation from University and other sources does not reach 100% of regular compensation. In the latter case, the PI may request a transfer of available funds from the restricted account administered by the PI to a restricted account administered by the Provost from which a supplement to the PI’s compensation may be paid.