5.
Charges to grants and contracts for summer sponsored research activities must
be consistent with the level of effort devoted to each grant or contract during
the period and with the funding provided. This effort must be subsequently
certified on the faculty memberfs semi-annual Effort Report, which includes faculty
summer salary charges on sponsored projects.
6.
Reductions of 25% or more in the committed level of effort by the Principal Investigator
/ Project Director require the written approval of the agency. This regulation
is applicable to all federal grants and may be applicable to other sponsors
as well.
A.
Welch summer salary and associated fringe benefits are limited
to an $8,000 annual cap per Welch Budget Year. The Welch Budget Year
runs from June 1- May 31.
B.
NIH summer salary is subject to a variable annual cap. The
salary cap in effect at the time of payment applies, even if a lower amount
was used in calculating the award. Effective January 1, 2008, the NIH
salary cap is $191,300 for a 12-month period, or $7,971.00 per
pay period. Approved salaries above this NIH limit may be paid with non-federal
funds. Please contact Research Accounting for calculation assistance.
C.
Petroleum Research Fund (PRF) support for summer salary per
budget year, including fringe benefits, for no more than two years is limited
to $7,500. Note: Summer salary for the PI is allowed only if it is included
in the approved budget.
D.
Summer salary on NSF awards is limited to no more than 2/9ths
of regular annual academic salary. This limitation includes summer salary
received from all NSF funded grants. These awards are identified in Banner
with R3xxxx, R73xxx, or R74xxx fund numbers.