Faculty Handbook
6. Compensation
6.2. Faculty Funding
Through Separately Funded Programs
Bacone College faculty may be involved in programs that are funded outside normal channels
of College support. These include Federal, State, and Foundation grants, cooperative programs
with other institutions, and contracts with business firms, acceptable within guidelines
determined by the College. The grant application and subsequent agreement will set the specific
arrangements for each individual grant.
Proposal
A proposal for a grant to be funded by a source outside the College must first be
reviewed by the Development Office, the Chief Financial Officer and the Vice President
for Academic Affairs. All proposals must be approved by the President. When matching
funds from the College, are required, the proposal must come before the Board of
Trustees for approval.
The Chief Financial Officer will review the proposal to assure that proper arrangements
have been made for matching funds, release time, services in-kind, furniture, use of
campus facilities, and the like.
The Vice President for Academic Affairs and the President will determine what
personnel may be involved in the performance of the grant. Prior to the submission of
a proposal, the President must approve, in writing, compensation arrangements at no
less than the college pay scale for all personnel with full-time appointments.
Project Administration
The College will follow the regulations established by the grantor in the administration
of grant funds. Grants for research, education activities, special programs, and the
like are agreements between Bacone College and the grantor. Under most
circumstances, grants that make specific reference to current faculty, administrators or
staff members, should provide specific provisions for transition in the event personnel
changes occur.
Faculty who is participating in a separately funded program will consult with the
Dean or Division Chair and the Vice President for Academic Affairs concerning
the time required for his/her participation in the program. Approval of the program
by the College will be contingent upon an agreement between the faculty and the
Vice President for Academic Affairs with approval of the President that the faculty
will either:
1) Be able to continue performing his/her duties and receive full compensation
from the College while fulfilling the terms of the grant, or
2) Be given a reduction in responsibilities to the College and a subsequent
reduction in compensation during the time he/she will be working on the grant.