CON Budget/Financial Principles and Practice: Difference between revisions
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Revision as of 13:58, September 27, 2013
| Home | Appendices |
| UNIVERSITY OF NEBRASKA MEDICAL CENTER COLLEGE OF NURSING |
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| Budget/Financial Principles and Practices | Subsection: Appendix E | |
| Section - Information | Originating Date: January, 2009 | |
| Responsible Reviewing Agency: Executive Council |
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| J:/RESOURCE MANUAL/Table of Contents College of Nursing Resource Manual | ||
College Budget Priorities
- Salary for faculty and staff
- Faculty recruitment
- Technology
- Facilities for all divisions
- Faculty travel to professional meetings at which PI or first author is presenting
- Professional development for faculty and staff
Fund Distribution Guidelines
Extramural research funding
Extramural funding agencies (whether federal, state, or local for research or other special projects) should provide universities with faculty salary support and indirect cost revenue. In this way, universities are able to recover some of the costs incurred in doing such research or other projects. In turn, and to the extent possible within the context of the College’s missions, faculty grantees are released from their university responsibilities and spend this portion of their time and effort on the externally funded projects that are paying that portion of their salary.