Slide 4 of 12
Notes:
Prior to 1993, 50% of F&A cost receipts were absorbed by the state.
Between 1993 and 1997, 15% of NCState’s F&A receipts were absorbed by the state (including UNC-GA). This resulted in only 85% of the generated F&A being distributed based on functional units.
Between 1997 and 1999 we began phasing into a scenario where NCState retains control of 100% of F&A generated. However, rather than funneling the 15% back into the distribution algorithm of the past, senior leadership of the institution decided to entrust these funds with the Vice Chancellor for Research and Graduate Studies to accommodate cost sharing, equipment, facilities upfit and faculty start up requests from the colleges. In so doing, the institution’s central support for externally sponsored endeavors is formalized and robust.
