The NSF has a Big Idea The NSF has 10 major thrusts for the future of funding and research – 10 research and process "big ideas" that will drive important aspects of NSF's long-term research agenda, push forward the frontiers of U.S. science and engineering research and lead to new discoveries and innovations. One of them asserts that we will live in a quantum world in a … [Read more...] about NSF’s Quantum Leap
Summer Salary is any compensation paid during the summer period to an individual in excess of their Institutional Base Salary (IBS). It is calculated and paid at a percent effort rate, not in excess of the individual's official IBS divided by the number of months in which IBS is paid. In other words, if you are a full-time, nine-month faculty member working in the summer, you … [Read more...] about Summer Salaries: How Are They Calculated?
When a grant is awarded, the auditor's job typically involves reading financial reports, accounting transaction processes and internal controls. The auditor also reviews and evaluates complex financial statements. But did you know that the auditors also read the technical/progress reports as part of their financial review? So, let me get this straight... A PI must verify … [Read more...] about Auditors Read Your Technical Reports Too!