Course Buyout and AY Effort:
Course Buyouts – coded to a 5/6L grant or Foundation account (not the same as an internal buyout: i.e., adjunct rate)
No salary savings if the faculty supplement their salary from theirs/department’s salary savings account.
Course buyouts run from 8/23 to 2/22 for Fall and then 2/23 to 8/22 for Spring. 10-month employees are from 8/23 to 6/22
Minimum Buyout Rates:
Faculty with a course load of 4 courses (e.g., Social Sciences, Humanities, MATH, STAT, LING): 12.5% of their AY salary and fringe per course.
Faculty with a course load of 3 courses (e.g., Psychological Sciences): 17% of their AY salary and fringe per course.
Faculty with a course load of 2 courses (e.g., Biological Sciences, Chemistry, Marine, Earth Sciences, Physics): 25% of their AY salary and fringe per course.
APiR Buyouts are treated like faculty with a 4-course teaching load but the minimum buyout rate is 14.3% of their AY salary per course (as of 10.16.19).
Academic Year (AY) Effort – still results in SalSav but they may be teaching all their courses and also dedicating time to their grant(s).
The distinction between a course buyout and AY effort is important as not all departments split the funds the same depending on the coding purpose.
For example, Public Policy gives all the SalSav returns directly to the faculty member for AY Effort, while a Course Buyout SalSav is returned to the department.
Unless otherwise noted, the split for SalSav for Course Buyouts and AY Effort is 30% to the Dean and 70% to the department, the department may choose to split the 70% further between the faculty members.
Salary Caps for Grants:
Certain Federal grants have a salary cap percentage that a faculty member cannot go over when buying out of a course or coding AY Effort.
DHHS/NIH/NEH/AHRQ/SAMHSA/CDC/HRSA/USDA
CLAS Policy currently is to allow cost sharing on the department’s instruction account, the faculty member is not required to cover the cost from other sources.
The SalSav return remains only the percentage coded to the grant.
Faculty members do not receive SalSav returns if they are coding themselves to a different 2L account (e.g., their personal SalSav account), the department will still receive the buyout funds.
Sabbatical Information:
Departments do not receive SalSav returns for faculty sabbaticals. Faculty are eligible for a sabbatical at the start of their 13th consecutive semester and should be considered when the department is making their budget decisions.
Faculty are fully paid for their one semester sabbatical leave.
Faculty are paid 50% for their AY or Calendar Year (CY) sabbatical leave
Sabbatical dates are based on pay periods and not the Grad payroll dates like AY Effort and Course Buyouts are.
Fall Dates are from 8/23 to 2/22; Spring Dates are from 2/23 to 8/22; AY Dates 8/23 to 8/22; CY Dates are 2/23 to 2/22
**copy from the BSC one without the processing details