Salaries for Faculty on Grants Sample Clauses

Salaries for Faculty on Grants. If a faculty member receives a grant from a source outside the University as a result of a grant proposal/request approved in advance by the Administration and if the approved grant provides for a nine-month salary or any fractional part of the nine-month salary to be higher than the faculty member’s regular salary or for summer pay higher than the rate of summer pay established by Article 4.6, the higher salary or rate of pay shall govern, providing the higher salary or rate of pay conforms to the guidelines and/or regulations of the granting authority and/or applicable state or federal regulations. The higher salary or rate of summer pay shall last only for the duration of the grant; at the termination of the grant-supported activity, the faculty member’s salary shall revert to the level it would have been if the individual had not been awarded the grant. The higher salary or rate of pay shall be contingent upon actual receipt by the University of grant funds approved by the granting authority to support the salary or pay differential and fringe benefit costs related thereto.
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Salaries for Faculty on Grants. If a faculty member receives a grant from a source outside the University as a result of a grant proposal/request approved in advance by the Administration and if the approved grant provides for a nine-month salary or any fractional part of the nine-month salary to be higher than the faculty member’s regular salary or for summer pay higher than the rate of summer pay established by Article 4.6, the higher salary or rate of pay shall govern, providing the higher salary or rate of pay conforms to the guidelines and/or regulations of the granting authority and/or applicable state or federal regulations. The higher salary or rate of summer pay shall last only for the duration of the grant; at the termination of the grant-supported activity, the faculty member’s salary shall revert to the level it would have been if the individual had not been awarded the grant. The higher salary or rate of pay shall be contingent upon actual receipt by the University of grant funds approved by the granting authority to support the salary or pay differential and fringe benefit costs related thereto. If a faculty member receives or is included in a grant from a source outside the University as a result of a grant proposal request approved in advance by the Administration, and if the approved grant provides for an overload payment rate greater than $1,250 for each WH of overload performed, the higher rate of pay shall govern, providing the higher rate conforms to the guidelines and/or regulations of the granting authority and/or applicable state or federal regulations. Payment will be made on the last payday of the academic year in which the overload was completed. Reassigned time that has been properly approved by the Xxxx and the Xxxxxxx does not preclude overload payment.
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