Standard Operating Procedures
Residual Start-up Account Funds
Objective:To outline a closure and distribution process for residual funding in start-up accounts after they have expired, or an investigator separates employment from Ohio University (OHIO).
Overview:Research and Scholarly Activity Start-up accounts are set up to provide initial funding and bolster research for College of Health Sciences and Professions faculty members based on negotiated terms. The use of start-up funds is restricted to the approved startup plan. If funds remain at the end of the funding period, an extension may be requested by the individual and is subject to approval from the Associate Dean of Research.
Process:Residual start-up funds for non-approved extensions and/or separation of a funded faculty member prior to the end of the start-up contract will revert to the College of Health Sciences and Professions for re-investment into research. The distribution of these funds will be prorated according to funding sources.
Responsibility:The Associate Dean for Research and Director of Finance are responsible for overseeing and initiating this process.