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Rensselaer Polytechnic Institute
Rensselaer Polytechnic Institute
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The Graduate School, Rensselaer Polytechnic Institute

Division of Finance

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Principal Investigator Research Support (PIRS)

Procedure:

1.       Tenure & Tenure Track faculty eligible for PIRS

2.       Research Support is calculated based on indirect cost recovery expenditures on sponsored research contracts in the prior fiscal year and distributed annually on or about September of the next fiscal year (i.e. FY13 research support will be distributed in Sept 2012 based on FY12 actual indirect cost recovery expenses).  The full year distribution is 3 percent of the indirect cost recovery.

3.       Research Support funding is for infrastructure and research development support that cannot be funded on grants.  Examples include items such as computers, proposal writing, publishing, and strategic travel.

4.       Support will be transferred into individual PI research support designated funds.

5.       Funding will be available for expenditures for 3 years.  At the end of that time, any remaining balance will revert to the Institute. 

6.       Mechanics of distribution:

a.       Distribution for FY12, done in the Spring Semester, will be based on fiscal year 2011 actual indirect cost expenditures.  For FY12 only, this distribution will be 1.5% of indirect cost recovery expenditures in FY11.

b.      Distribution for FY13, done on 9/1/2012, will be based on fiscal year 2012 actual indirect cost expenditures.  For FY13 on, this distribution will be 3% of indirect cost recovery expenditures in FY12.

7.       Policy will remain in place for three fiscal years.  At the end of the period, the utilization and impact of the funds will be reviewed for effectiveness.  A determination to continue the policy will be made.