Common use of Faculty Professional Development Fund Clause in Contracts

Faculty Professional Development Fund. ‌ This program will be open to all members of the faculty who fulfill the qualifications noted below, and applications will be made in writing, setting forth the details of the proposed course of study for which the grant is requested. 7.3.1 Funding:‌ Funding will be an annual amount equal to the base initial placement salary for a Probationary Professor, adjusted for any Cost of Living adjustments. Funds not expended or committed to be expended within the fiscal year as of June 30 will revert to the general fund. An additional $10,000 annually will be available for associated and adjunct faculty development. Funds not expended by February 15 will be open for use by all full, associate or adjunct faculty. The maximum reimbursement for which support can be awarded under this program is $3,500 per professor per year for all authorized and allowable costs associated with an individual professor's Faculty Professional Development Fund expenses. Funds from this program will be paid to the selected professors upon presentation of transcripts or grade reports of grades received for academic classes and official documentation for completion of Factory Training Schools. If participation is in conjunction with a leave of absence, the participant must return to College employment prior to reimbursement. Reimbursement will be limited to courses, conferences or workshops (and associated costs including travel, accommodations, and memberships) related to the professor's field of competence; or necessary to increase their competency in a subject area to which they are to be assigned; or which improve competency in assigned duties which may include new teaching techniques or professional technical requirements. Exceptions would be allowed in cases of courses being applied to a degree program. Reimbursement for expenses associated with Faculty Professional Development Fund program costs are governed by Office of Fiscal Management rules for travel, per diem, and other reimbursement for authorized expenses. Courses taken as part of the Faculty Professional Development Fund will not conflict with the normal contractual duties of the professor. Qualified professors will be reimbursed for the actual cost of the credit hour taken except for classes taken from the College. Courses taken from the College can be subject to the provisions of the tuition waiver program, as they apply, or reimbursed for tuition only in instances where the tuition waiver program cannot be used (excludes continuing education). Professors who are recipients of National Science Foundation or similar grants for a course of study will be ineligible for the provisions of the program.