Differences

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--- budget-finance:pd_funds_policy [2025/09/23 18:36] – Daisy Salazar
+++ budget-finance:pd_funds_policy [2025/09/23 18:40] (current) – Daisy Salazar
@@ Line 3: / Line 3: @@
 ==== Purpose of PD Funds ====
- The purpose of Professional Development (PD) funds in the SEHD is to support faculty research and creative activities. These funds may be used in a variety of ways including: travel, conference attendance/presentations, GA/RA/student support, books, professional memberships, software, workshops, and other purposes approved by the dean.   Per university policy, please include a brief stated business purpose for all purchases, and ensure that it is aligned with the purpose of PD funds.   Please keep in mind that **program funds **are used to support program activities and operations; it is not appropriate to use PD funds in this manner. For example, the program may not purchase materials using a retiring faculty member’s PD account. Similarly, a departing faculty member may not “donate” their PD funds to the program, to scholarship accounts, or to other faculty members.
+The purpose of Professional Development (PD) funds in the SEHD is to support faculty research and creative activities. These funds may be used in a variety of ways including: travel, conference attendance/presentations, GA/RA/student support, books, professional memberships, software, workshops, and other purposes approved by the dean.
+Per university policy, please include a brief stated business purpose for all purchases, and ensure that it is aligned with the purpose of PD funds.
+Please keep in mind that **program funds **are used to support program activities and operations; it is not appropriate to use PD funds in this manner. For example, the program may not purchase materials using a retiring faculty member’s PD account. Similarly, a departing faculty member may not “donate” their PD funds to the program, to scholarship accounts, or to other faculty members.
 ==== Definitions ====
@@ Line 23: / Line 26: @@
 Purchases from PD funds must adhere to purchasing rules and are considered university property.
-University property must be returned to the school upon separation of employment with the SEHD.
+University property must be returned to the school upon separation of employment with the SEHD. Upon retirement/resignation/termination of appointment with SEHD, the faculty member's unspent PD fund balance (allocated and earned/awarded) goes to the school's administrative account. SEHD then uses that account to help fund the startup PD accounts for our new faculty.
- <font 12pt/Calibri,sans-serif;;inherit;;inherit>Upon retirement/resignation/termination of appointment with SEHD, the faculty member’s unspent PD fund balance (allocated and earned/awarded) goes to the school’s administrative account. SEHD then uses that account to help fund the startup PD accounts for our new faculty.</font>
- <font 12pt/Calibri,sans-serif;;inherit;;inherit>PD funds may not be used to pay faculty summer salary, additional pay, or buy out a course.</font>
+PD funds may not be used to pay faculty summer salary, additional pay, or buy out a course.
 === Time Limits ===