Faculty members may be eligible to receive incentive payments for charging time and effort to extramural sources.
By mutual consent with the Department Head, a faculty member can use funding from external sources (“buying out”) to pay a portion of their salary, and thus become eligible for an incentive bonus; as follows:
The percentage of salary “bought out” shall not exceed the following for any given semester:
Bonuses are paid by the College into the faculty member’s paycheck after the semester in question. They are subject to IRS and other withholdings.
Office of Research & Creative Activity
Potter Hall 301