Released Funds Policy

Released funds are the salary portion of university-budgeted faculty academic year compensation that remains unobligated at the end of a University fiscal year as the result of partial or full support from a sponsored award providing full University on- or off-campus indirect costs and fringe benefits. Certain conditions must be met in order for the funds to be released. Those conditions are detailed in the link below.

Resource/Topic	Description
Released Funds Policy	Policy regarding released funds, defined as the salary portion of university-budgeted faculty academic year compensation which remains unobligated at the end of a University fiscal year as the result of partial/full support from a sponsored award providing full University on- or off-campus indirect costs and fringe benefits.