Managing Faculty Project Grant Funding on One Page
Paying Students
Faculty are responsible for the payment of student team members and may use any method in compliance with the university's policy on paying students.
Students must be degree-seeking undergraduates at the Â鶹Ãâ·Ñ°æÏÂÔØBoulder throughout the grant term to be eligible for UROP funding and must not receive funding from another UROP source (e.g. Student Grant) during the same grant term.
Faculty are encouraged to talk to student team members about payment and select the method most appropriate for their situation. Area accountants can advise about paying students with employment, stipends or financial aid.
Accounting & Speedtypes
Accounting
No. UROP does not require faculty to report spending or provide receipts but encourages recipients to consult with their area accountants about the management of award funding.
If any funds are unspent after the award’s end-date, faculty may return funding or request extensions by contacting us.
Speedtypes
"Fund 10" speedtypes (ST) are preferred, but UROP can also transfer to Fund 20, 26, 28 and 29.Ìý
Note: All departments must pay fringe on salary expenses, and the rate varies based on employee type (faculty, staff, student). GAIR will be charged if you use an auxiliary and self-funded operations speedtype (20, 26, 28, 29).
No. UROP does not require faculty to create new ST, but they may do so as desired.
Resources
If a student is injured in the performance of activities related to their project during the term of their award, they might be eligible to receive Workers’ Compensation.
Timelines
Â鶹Ãâ·Ñ°æÏÂÔØBoulder has an expansive history engaging undergraduates in the research and creative life of the campus dating to the creation of UROP in 1986.