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What types of compensation/effort are allowed on grants and contracts?

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What types of compensation/effort are allowed on grants and contracts?

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Reassignment – A faculty member receives approval to reduce their courseload to work on the grant/contract. The full-time equivalency (FTE) assigned to the course is charged to the grant/contract through a process we often refer to as salary savings (typically 0.25 increments) Summer Contract – Faculty on 9-month contracts can receive the equivalent of 1/3 of their 9-month salary during the summer term. Faculty can receive contracts from their department for instruction and/or grants/contracts. Overload/supplemental compensation – Faculty who are not tied in any way to federal funding can earn 0.25 above their regular salary in any term. Direct Grant Funding – ORSP can create time-limited budgeted faculty positions to be funded from grants/contracts Cost Sharing – Faculty can designate a portion of their effort that is paid by the institution to a grant or contract. Typically effort that is cost shared to a project comes from the 0.25 that is assigned to research and service activities

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