Professional Development Funds

Project directors of research and professional development grants can use a portion of the F&A cost (What is "F&A cost"?) reimbursed on their grants to further their professional development. Research grants are those directly supporting research of faculty and/or students. Professional development grants are those which support the training of individuals for a specific profession. This policy, which was established by the Board of Governors for Higher Education on May 15, 1986, and subsequently modified by President Nazarian in August, 2004 (see below), both rewards project directors for their scholarly contributions to the College and provides further incentive for faculty to develop grant proposals. If you are eligible to receive professional development funds from the criteria above, please contact us for more information on accessing the funds provided.

Rhode Island College Policy on
Redistribution of Indirect Cost Revenues

The following distribution decision-rules shall be applied to the Grants & Contracts Indirect Revenue Distribution Fund:

• Seventy percent of indirect cost goes to defray College-incurred costs in supporting sponsored activity.


• Of the remaining thirty percent:


• Thirty-three percent of the fund shall be allocated to individual project directors of funded research and professional development grants returning indirect cost to the College. Such allocations are to be used to further the research and professional development of these individuals, however, project directors terminating employment with the College will no longer be eligible to receive such reallocations of indirect cost. (The eligibility of these individuals will expire on the date of their employment termination. Project directors whose grants have been terminated for cause either by the College or a sponsor also become ineligible to receive indirect cost reimbursements from the terminated grants. All such forfeited funds will revert to either the appropriate academic dean or VPAA as described below.)


• Five percent of the fund shall be retained for discretionary use by the Director of Research and Grants Administration.


• Of the remaining revenue in the fund, three-quarters shall be allocated to and administered by the academic dean of the unit generating the proposal/contract which yielded said funds; and, one-quarter shall be allocated to the Vice President for Academic Affairs. In those instances where funds may be generated in an academic unit which is not under the direct authority of a dean, responsibility for the administration of said funds will be vested in the Vice President for Academic Affairs.

Example

If F&A cost collected on a grant was $100, that amount shall be redistributed in the following fashion per the policy:

 

Undergraduate Research