Academic Year Salary Investment Program

This program provides a research investment to qualified Mandel School faculty (tenured, tenure-track and non-tenure) who charge more than 30% of their academic year salary to externally-funded projects.

The investment amount is ½ of the charged salary beyond the first 30%, up to a maximum of $5,000 per year. Please note the following eligibility and program requirements:

  1. Projects must be housed at Mandel School (assigned to an Mandel School Department ID). Subaccounts assigned to Mandel School by another school are eligible.
  2. Projects for which the School is providing cost-share are not eligible.
  3. The investment amount is equal to one-half (1/2) of the dollars charged beyond the first 30% of academic year salary. The maximum investment per academic year, per faculty member, is $5,000.
  4. The faculty member can charge his/her salary to multiple externally-funded projects to reach the 31% minimum coverage. The associated fringe amount is not part of this calculation.
  5. This program does not impact the ability to receive Summer salary.
  6. Any received Summer salary does not count towards academic year coverage.
  7. The investment amount applies each academic year salary is recovered beyond 30%; however, each year stands on its own (cannot combine effort levels between multiple academic years).
  8. The investment amount is allocated to the faculty member.
  9. The investment amount will be available at the end of the fiscal year during which the salary was charged. F&A will not be applied to this amount and it will accrue from year to year. It will be placed in an internal account.

Approval Date: August 29, 2016