General information
The Dean’s Office allocates fiscal resources to departments and faculty for numerous academic and other purposes. The College has a “use it or lose it” policy: that is, most funds have an expiration date. Near the end of each fiscal year, expired funds are reclaimed, or “swept,” by the Dean’s Office, and repurposed for College-wide priorities. Funds are swept based on the following schedule:
Department
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funds
Expire in one fiscal year: Education and General (E&G), Available University Fund (AUF), and student fee funds. These Provost-funded, budgeted accounts include faculty, staff, and student salaries; travel; and general operations.
- Expire in two fiscal years: Signature course funds, OERS graduate student grants, and transformational funds.
- No expiration – reviewed each year: Academic development, indirect cost return, discretionary gifts, special equipment funds, and graduate student support.
Faculty
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funds
- Expire in two fiscal years: Funds for Dean’s Fellows, signature courses, web liaisons, OERS grants, and committee service (e.g., promotion and tenure, external review, research).
- Expire in three fiscal years: Start-up packages.
- No expiration – reviewed each year: Indirect cost return.