CAFLS Salary Released Return Policy

Section:  College of Agriculture, Forestry, and Life Sciences

Subject:  Return of Salary Released Funds to the Departments

Effective:  July 1, 2009

Statement:

Released salary funds occur in a department when a principal investigator is able and willing to pay a portion of his/her salary from a sponsored research project for a specified period of time.  As a result, budgeted salaries from E&G or PSA funds will be available for other uses.

Purpose:

A policy is needed to provide financial incentives to encourage faculty to use sponsored research projects to pay his/her salary during the academic year. 

Discussion:

In the past, PSA has allowed salary released dollars to be returned to the principal investigator as well as the associated fringe dollars.  The caveat was that the salary released dollars did not carry forward into the next fiscal year.  The funds had to be used in the same fiscal year as generated.

In the past, requests were made to the Dean for E&G salary released dollars to be returned to the principal investigators.  The fringe is not available as salary released dollars on E&G funds.

Policy:

The return of salary released dollars to the departments will be 75%.  At this time, E&G salary released dollars will not include fringe but PSA salary released dollars will include fringe.  The Dean of College of Agriculture, Forestry and Life Sciences will retain 25% of the salary released dollars on both funding sources.  The PSA funds will not carry over into the next fiscal year, but the E&G dollars will carry over into the next fiscal year.  Each Department Chair will establish a departmental policy for distribution of the 75% returned salary released dollars to the department and principal investigator.  The department must cover all expenses associated with the salary release time (teaching, etc.) from these returned dollars.

In order for the business center to track these dollars, it is imperative that a memo be submitted to Leigh Dodson notifying her of the plan for salary released dollars.  At that time, an account will be established and salary released dollars will be budgeted as made available.    

Page maintained by: Sennah Honea, schonea@clemson.edu