ࡱ> @B? bjbj[[ 4(99 <B,2 "Z    "   :,!@MY  0B.># >#! ! B># f:   Faculty Recovery (from Salary Savings) Use Policy The Colleges Faculty Recovery Use policy serves two purposes: first, we want to incentivize and support robust grant activity and second, we want to ensure that we are able to meet the needs of our students through rich programmatic offerings. Faculty Recovery is generated through salary savings on grants. That is, when a faculty member budgets his or her effort (FTE) on a grant it results in salary savings for the College. For example, if a faculty member budgets .20 FTE (for a salary of $75,000/9 month salary base) on a grant, this results in a salary savings for the ߺ of $15,000. Fifty percent of the funds generated through faculty salary savings are returned to the CoE (temporary funding) and 50% are available for the use of the individual faculty. Guidelines for spending faculty recovery: The funding for faculty recovery is generated from student tuition and state funding through salary savings (GOF general operating funds); expenditures allowed on faculty recovery are guided by UW GOF spending policies and are subject to UW purchasing and human resource policies. In general, faculty recovery may be used to support most activities that do not require discretionary or gift funding. Following are examples of allowable and unallowable expenditures on faculty recovery: Unallowable: food, gifts and gift cards, flowers, scholarships, donations, travel costs in excess of per diem, airfare above economy/coach class. Please consult COE fiscal staff for guidance on the allowability of specific costs not identified above. Allowable: funding course reduced teaching load/buy outs (please see Reduced Teaching Load section below), faculty summer salary, research assistants, course graders, instructional materials, travel, equipment and supplies. Reduced Teaching Load/Course Buy-out In order to complete work on grants, faculty need course release time. Historically this has been created through a teaching buy-out. This policy seeks to clarify the way buy-outs function given the Colleges clear expectations around teaching. NOTE: The expectation of teaching in the ߺ is 4-5 courses AND 425 SCH. Faculty will need to generate $10,000 in salary savings in order to buy out of one course (50% or $5000 returned to COE and 50% or $5000 for use by faculty to reduce the teaching load. A faculty who buys out of one course will still be responsible for teaching 3-4 courses AND generating 340 SCH. Buy OutTeaching LoadSCH expectation4-54251 course 3-43402 courses2-32553 courses1-21704 courses185 When determining which course these funds will be used to support, the following will be considered: staffing the faculty members required course, a different course in the faculty members program that is required, a course in the COE that is taught each year and needs an instructor, and a course in the COE that needs an instructor. Planning a course buy-out. Work with Louise to identify the accurate FTE for your effort that allows you to reduce your teaching load as you begin to plan your budget. In addition, you should talk with your paired Associate Dean to inform them of your intention to reduce your teaching load if the grant is funded. Once, the grant is received, work with your Associate Dean to allocate any funds you plan to use to reduce your teaching load. 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