Â鶹´«Ã½

 

Budget

Ìý

Funding for Project Leads

The Project Lead program is based on a cost-sharing model between the MacEachen Institute and participating faculties.ÌýÌý

One teaching release for a 3-credit hour course is valued at $8,000.ÌýÌý

The maximum amount a faculty would contribute to the Project Lead program is $4,000; it could be reduced to $2,000 based on funding opportunities the MacEachen Institute is pursuing.

Tables 1 and 2 present budgets for financing a Joint Project Lead with and without additional funding. The MacEachen Institute will be pursuing additional funding opportunites.

Table 1: Budget showing cost of two teaching releases (in the case of Joint Project Leads), one for each participating faculty,Ìýwith additional funding.

Ìý

MIPP

Participating Faculty

Second Faculty

Additional FundingÌý

TOTAL

Participating Faculty Release

$2,000

$2,000

-

$4,000

$8,000

Second Participating Faculty Release

$2,000

-

$2,000

$4,000

$8,000

Junior Fellows

$2,000

-

-

$2,000

$4,000

Project Activities - - - $1,000 $1,000

Ìý

Table 2: Budget showing cost of two teaching releases (in the case of Joint Project Leads), one for each participating faculty,Ìýwithout additional funding.

Ìý

MIPP

Participating Faculty

Second Faculty

TOTAL

Participating Faculty Release

$4,000

$4,000

-

$8,000

Second Participating Faculty Release

$4,000

-

$4,000

$8,000

Junior Fellows

$4,000

-

-

$4,000

Project Activities $1,000 - - $1,000

Ìý

Ìý

Ìý