CON Faculty Practice Fund - Revision history

Jbarrier: /* Funding Allocation and Accrual */

2026-06-17T21:40:25Z

Funding Allocation and Accrual

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	===Funding Allocation and Accrual===		===Funding Allocation and Accrual===
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Eligible faculty practitioners are eligible for $ 1,500 every year to support the dissemination of practice-based scholarship.</li>
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Eligible faculty practitioners are also eligible for an additional $ 1,500 over 3 years for professional development support. </li>
	</ul>		</ul>

	===Ownership and Separation of Funds===		===Ownership and Separation of Funds===
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">

Jbarrier: /* Ownership and Separation of Funds */

2026-06-17T21:39:34Z

Ownership and Separation of Funds

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	===Ownership and Separation of Funds===		===Ownership and Separation of Funds===
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Faculty Practice Fund monies are owned by the MCNP, not the individual faculty member. </li>
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Faculty Practice Fund monies:
	<li style="margin-bottom:15px;"></li>		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
			<li style="margin-bottom:15px;">May not be withdrawn as cash </li>
			<li style="margin-bottom:15px;">May not be paid out upon resignation, retirement, or separation from the CON </li>
			</ul>
			</li>
			<li style="margin-bottom:15px;">If a faculty member leaves the CON, discontinues practice through MCNP, or changes their practice allocation such that they are no longer eligible, any unused Faculty Practice Fund balance remains with the MCNP for continued support of active faculty practitioners. </li>
	</ul>		</ul>

	===Allowable Uses of Funds===		===Allowable Uses of Funds===
	<p style="margin-bottom:15px;max-width:70em !important;">Fund prioritization will focus on practice-based scholarship, innovation, and outreach. </p>		<p style="margin-bottom:15px;max-width:70em !important;">Fund prioritization will focus on practice-based scholarship, innovation, and outreach. </p>

Jbarrier: /* Allowable Uses of Funds */

2026-06-17T21:36:32Z

Allowable Uses of Funds

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	<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may be used to support activities that advance practice-connected scholarship, innovation, and community or clinical outreach, provided they are directly related to the faculty member’s practice role through MCNP. Examples include: </p>		<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may be used to support activities that advance practice-connected scholarship, innovation, and community or clinical outreach, provided they are directly related to the faculty member’s practice role through MCNP. Examples include: </p>
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"> Practice-based research dissemination (e.g., open-access fees, poster printing, abstract submission fees) </li>		<li style="margin-bottom:15px;">Practice-based research dissemination (e.g., open-access fees, poster printing, abstract submission fees) </li>
	<li style="margin-bottom:15px;"> Development of clinical innovations, protocols, toolkits, or pilot initiatives arising from faculty practice </li>		<li style="margin-bottom:15px;">Development of clinical innovations, protocols, toolkits, or pilot initiatives arising from faculty practice </li>
	<li style="margin-bottom:15px;"> Educational or practice-focused scholarly products that originate from clinical practice </li>		<li style="margin-bottom:15px;">Educational or practice-focused scholarly products that originate from clinical practice </li>
	</ul>		</ul>
	<p style="margin-bottom:15px;max-width:70em !important;">Use of funds under this category must maintain a clear connection to faculty practice activities and align with CON and MCNP priorities. </p>		<p style="margin-bottom:15px;max-width:70em !important;">Use of funds under this category must maintain a clear connection to faculty practice activities and align with CON and MCNP priorities. </p>
	<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may also be used to support professional development and continuing education expenses related to faculty practice, including but not limited to: </p>		<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may also be used to support professional development and continuing education expenses related to faculty practice, including but not limited to: </p>
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Professional certifications and renewal fees not already covered by the MCNP budget, but that support practice excellence. (BLS, ACLS, PALS, TNCC, WOC, etc...)
	<li style="margin-bottom:15px;"></li>		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">MCNP directly supports licensure and certification costs that directly impact the faculty members’ authority to practice. (RN and APRN state licensure, National RN and APRN Certification, and licensure for prescriptive authority) </li>
	<li style="margin-bottom:15px;"></li>		</ul>
	<li style="margin-bottom:15px;"></li>		</li>
			<li style="margin-bottom:15px;">Other specialty certifications and certification maintenance </li>
			<li style="margin-bottom:15px;">Continuing education courses and programs </li>
			<li style="margin-bottom:15px;">Conference registration associated with practice scholarship dissemination or professional development </li>
			<li style="margin-bottom:15px;">Travel-related expenses associated with professional development (e.g., airfare, lodging, ground transportation) </li>
	</ul>		</ul>

Jbarrier: /* Allowable Uses of Funds */

2026-06-17T21:27:54Z

Allowable Uses of Funds

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	</ul>		</ul>
	===Allowable Uses of Funds===		===Allowable Uses of Funds===
	<p style="margin-bottom:15px;max-width:70em !important;"></p>		<p style="margin-bottom:15px;max-width:70em !important;">Fund prioritization will focus on practice-based scholarship, innovation, and outreach. </p>
	<p style="margin-bottom:15px;max-width:70em !important;"></p>		<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may be used to support activities that advance practice-connected scholarship, innovation, and community or clinical outreach, provided they are directly related to the faculty member’s practice role through MCNP. Examples include: </p>
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;"> Practice-based research dissemination (e.g., open-access fees, poster printing, abstract submission fees) </li>
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;"> Development of clinical innovations, protocols, toolkits, or pilot initiatives arising from faculty practice </li>
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;"> Educational or practice-focused scholarly products that originate from clinical practice </li>
	</ul>		</ul>
	<p style="margin-bottom:15px;max-width:70em !important;"></p>		<p style="margin-bottom:15px;max-width:70em !important;">Use of funds under this category must maintain a clear connection to faculty practice activities and align with CON and MCNP priorities. </p>
	<p style="margin-bottom:15px;max-width:70em !important;"></p>		<p style="margin-bottom:15px;max-width:70em !important;">Faculty Practice Fund monies may also be used to support professional development and continuing education expenses related to faculty practice, including but not limited to: </p>
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;"></li>
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	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;"></li>
	</ul>		</ul>

	===Payment and Reimbursement===		===Payment and Reimbursement===
	<p style="margin-bottom:15px;max-width:70em !important;">Expenses may be covered through either of the following methods: </p>		<p style="margin-bottom:15px;max-width:70em !important;">Expenses may be covered through either of the following methods: </p>

Jbarrier: /* Payment and Reimbursement */

2026-06-17T21:26:20Z

Payment and Reimbursement

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	</ul>		</ul>
	===Payment and Reimbursement===		===Payment and Reimbursement===
	<p style="margin-bottom:15px;max-width:70em !important;"></p>		<p style="margin-bottom:15px;max-width:70em !important;">Expenses may be covered through either of the following methods: </p>
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Prepayment coordinated through the designated administrative assistant, or </li>
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">Reimbursement following submission of appropriate documentation and proof of receipts, in accordance with university financial procedures. </li>
	</ul>		</ul>

	===Administration and Oversight===		===Administration and Oversight===
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">

Jbarrier: /* Administration and Oversight */

2026-06-17T21:25:29Z

Administration and Oversight

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	===Administration and Oversight===		===Administration and Oversight===
	<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">		<ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
	<li style="margin-bottom:15px;"></li>		<li style="margin-bottom:15px;">The Associate Dean for Transformational Practice and Partnerships has final oversight of any program funds utilized by the MCNP </li>
			<li style="margin-bottom:15px;">The Faculty Practice Fund is intended to support the ongoing vitality, visibility, and effectiveness of faculty practice within the CON, and funds will be stewarded to ensure continued availability for current and future faculty practitioners. </li>
			<li style="margin-bottom:15px;">The MCNP is responsible for administering the Faculty Practice Fund and tracking eligibility, accrual, and balances. </li>
			<li style="margin-bottom:15px;">The MCNP oversees this policy in collaboration with the Associate Dean for Transformational Practice and Partnerships and the Executive Council to ensure appropriate stewardship of funds and alignment with CON priorities.</li>
			<li style="margin-bottom:15px;">Questions regarding the appropriateness of specific expenditures not explicitly listed in this policy will be reviewed and determined by the Director, MCNP or designee, in alignment with CON and University policy. </li>
	</ul>		</ul>

Jbarrier: /* Policy */

2026-06-17T21:23:47Z

Policy

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 ==Policy==
 <ul style="margin-left:3em; margin-bottom:15px;max-width:67em !important;">
      <li style="margin-bottom:15px;">The Fund will cover, based on requests and availability, faculty development and scholarship activities. These funds will be distributed based on the scholarly merit of the project or the contribution the activity will make to furthering faculty practice at the CON. </li>
      <li style="margin-bottom:15px;">Faculty are eligible for up to $1500 over a three-year period, which is tracked by the transformational practice and partnerships (TPP) administrator. </li>
@@ Line 75: / Line 75: @@
      <li style="margin-bottom:15px;">TPP administrator will allocate funds to faculty development accounts on approval.  </li>
      <li style="margin-bottom:15px;">See 1306-PR Requesting Funds from Faculty Practice Fund for application procedures.</li>
 </ul>

Jbarrier: /* Scope */

2026-06-17T21:15:05Z

Scope

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	==Scope==		==Scope==
	<p style="margin-bottom:15px;max-width:70em !important;">~~The~~ policy applies to all ~~faculty~~ of CON who ~~have a~~ practice ~~contract~~ through the Morehead Center for Nursing Practice (MCNP) ~~that contributes~~ to the Fund.</p>		<p style="margin-bottom:15px;max-width:70em !important;">This policy applies to all College of Nursing (CON) faculty who maintain an active faculty practice appointment through the Morehead Center for Nursing Practice (MCNP) and whose practice activities result in sustained contribution to the Faculty Practice Fund for the majority of their contracted faculty practice period. </p>

	==Policy==		==Policy==

Jbarrier at 21:14, June 17, 2026

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	</td>		</td>
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	<td colspan="2" valign="top">Referenced Documents:		<td colspan="2" valign="top">Referenced Documents:
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	</table>		</table>
	<br />		<br />
	==Purpose==		==Purpose==
	<p style="margin-bottom:15px;max-width:70em !important;">The ~~purpose of this fund is to~~ support faculty ~~practice initiatives for the College of Nursing (CON)~~.</p>		<p style="margin-bottom:15px;max-width:70em !important;">The Faculty Practice Fund operates as a practice-based scholarship dissemination and professional development support mechanism for eligible faculty practitioners.</p>

	==Scope==		==Scope==

Jbarrier at 21:13, June 17, 2026

2026-06-17T21:13:27Z

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	<tr>		<tr>
	<td valign="top" width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;"~~>External Affairs Committee<br /~~>Executive Council</div></td>		<td valign="top" width="60%">Responsible Reviewing Agency:<br /><div style="margin-left:3em; line-height:1.2;">Executive Council</div></td>
	<td valign="top" width="40%">		<td valign="top" width="40%">

	<table width="100%" cellpadding="0" cellspacing="0">		<table width="100%" cellpadding="0" cellspacing="0">
	<tr>		<tr>
	<td>Revised: [[Special:PermanentLink/13980\|October 2018]] ([[Special:Diff/10319/13980\|changes]])<br />Revised: [[Special:PermanentLink/18074\|November 2023]] ([[Special:Diff/13980/18074\|changes]])<br />Revised: August 2025 ([[Special:Diff/18074/{{REVISIONID}}\|changes]])</td>		<td>Revised: [[Special:PermanentLink/13980\|October 2018]] ([[Special:Diff/10319/13980\|changes]])<br />Revised: [[Special:PermanentLink/18074\|November 2023]] ([[Special:Diff/13980/18074\|changes]])<br />Revised: [[Special:PermanentLink/18275\|August 2025]] ([[Special:Diff/18074/18275\|changes]])<br />Revised: June 2026 ([[Special:Diff/18275/{{REVISIONID}}\|changes]])</td>
	</tr>		</tr>
	</table>		</table>