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Loyola University Chicago

Office of Research Services

Faculty Salary Charges on Externally Funded Projects

Funded Projects
Overview
These guidelines pertain to the salaries of full-time faculty at the Lakeside campuses that are funded by extramural sources. In these guidelines, grants will refer to any form of extramural support (grant, contract, fellowship, etc.). The guidelines cover three types of salary: summer salary, academic salary, and incidental salary.
  1. Academic Salary
  2. Summer Salary
  3. Incidental Salary

    In rare cases, LUC faculty (full or part-time) may be paid in addition to their regular salary for contributing to a grant-based research project, per the following restrictions: 

    a) Incidental pay from federal grants must have prior sponsor approval.
    b) The work is outside the scope of their normal duties (e.g., instructional faculty lends his or her particular expertise on a research project).
    c) Work done on the grant does not interfere with normal duties
    d) Such incidental pay is not considered part of the IBS for purposes of calculating academic year or summer salary amounts.
    e) Incidental salary during any budget period typically is paid in one lump sum, and is not related to percent of effort.
  4. Fringe Benefits
  5. Exceptions
  6. Academic Year Salary as a Cost Share Commitment
  7. Summer Salary As a Cost Share Commitment
  8. Payroll Processing


Loyola

Office of Research Services
6439 N. Sheridan Road, Suite 400 · Chicago, IL 60626-5309
Phone: 773.508.2471 · Fax: 773.508.8942 · E-mail:ors@luc.edu

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