Policies & Procedures Manual

271

Policy No: 609

Policy Contact: Vice President for Business Operations

Policy Title: NATIONALLY FUNDED GRANTS AND CONTRACTS

Externally funded grants and contracts are related to the stated purpose of the College. In all externally funded institutional activities, the College shall maintain control of the activities. Specific terms of agreement that protect the integrity of the College shall be identified or established prior to the acceptance of any grants. In no instances shall the College become dependent upon externally funded grants and contracts that may or may not be refunded on a continuous basis. Pay will be equivalent of contracted salary for all summer salaries paid from grant and contract funds, salary supplements paid from grants during the regular academic year, and fees for consultative services provided by faculty members.

(Reviewed 5/17/16)