CON Faculty Practice Fund

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UNIVERSITY OF NEBRASKA MEDICAL CENTER
COLLEGE OF NURSING
Faculty Practice Fund Policy: 1306 (4.2.8)
Faculty Policies Originating Date: May 2017
Responsible Reviewing Agency:
Executive Council
Revised: October 2018 (changes)
Revised: November 2023 (changes)
Revised: August 2025 (changes)
Revised: June 2026 (changes)


Purpose

The Faculty Practice Fund operates as a practice-based scholarship dissemination and professional development support mechanism for eligible faculty practitioners.

Scope

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.

Policy

The Faculty Practice Fund is to support the dissemination of practice‑based scholarship, with additional support for ongoing, equitable professional development and continuing education for faculty practitioners engaged in practice through the MCNP, in alignment with the mission and practice priorities of the CON.

Eligibility

Faculty are eligible for Faculty Practice Fund support if they:

  • Hold an active faculty practice appointment through the MCNP, and
  • Maintain a current practice agreement that contributes regularly to the Faculty Practice Fund.

Eligibility is contingent upon active participation in practice through MCNP.

Faculty Practice Fund support is not prorated based on faculty rank, FTE, or percentage of practice allocation, provided eligibility criteria are met.

Funding Allocation and Accrual

Ownership and Separation of Funds

Allowable Uses of Funds

Payment and Reimbursement

Administration and Oversight