Our Provost controls the salary savings & the difference in the buyout
funds and cost of hiring someone to teach the class is returned according
to a formula... We have a brief policy that explains in more detail & it
can be found at http://www.unlv.edu/Research/buyout.pdf

Bill

****************************************
William E. Schulze, EdD
Director of Sponsored Programs
University of Nevada, Las Vegas
Phone (702) 895-1357
Fax (702) 895-4242
xxxxxx@ccmail.nevada.edu
****************************************

 Imeh Ebong
 <xxxxxx@NEU.        To:     xxxxxx@HRINET.ORG
 EDU>                 cc:
 Sent by:             Subject:     [RESADM-L] Use of Buy-Out Funds
 Research
 Administratio
 n List
 <xxxxxx@hri
 net.org>

 02/22/02
 11:55 AM
 Please
 respond to
 Research
 Administratio
 n Discussion
 List

We are looking at policies on the use of different categories of
research-related funds, including from PI released time and would
appreciate input from folks on the list. You can respond directly to me if
you do not want your response to go to everybody on the list. Here is my
request:

Buy-out funds recovered from the released time of PIs are traditionally
used to pay for replacement personnel covering the responsibilities which
PIs would have covered if they were not working on grant projects. Does
your institution follow this practice in all situations? Do you place any
restrictions on the use of such funds for any other related activities?
Please send me any written policies you may have regarding this issue.

Thanks.
====================================
Imeh D. Ebong, Ph. D.
Director, Division of Research Development
MS 0960 RP
360 Huntington Avenue
Northeastern University
Boston, MA 02115-5000

Tel: (617) 373-8770
Fax: (617) 373-8866
====================================

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