Background Information
The Research Enhancement Incentive Award (REIA) program provides ancillary funds to help defray the costs associated with sponsored research and provide incentives for faculty to expand their sponsored research programs. The REIA program is open to all Principal Investigators in Academic Affairs. The amount of REIA returned to Investigators and academic units is determined annually through a formula based on the net expenditures incurred by faculty as well as consultation between the CRO and Deans. The REIA program is administered by the Office of the Chief Research Officer.
Transfer of REIA Funding
After considering expenditures in the preceding fiscal year, the Director, Research Finance and Administration transfers REIA funds to academic units, with appropriate notification of funding amounts for individual Investigators. Where the total REIA is less than $300, the total is allocated to the department to minimize bookkeeping. For those investigators who have left the University, the investigator's share of the REIA is allocated to the department or dean, as appropriate. REIA funds are deposited in departmental R fund centers. In this way, unspent REIA funds may carry over from year to year. The Principal Investigators work in conjunction with their chairs in using their allocations.
Use of REIA funds
Use of REIA Funds: There are no specific restrictions on the use of REIA funds. Principal investigators, chairs, and deans may spend the money in any way they feel will enhance research capabilities. Expenditures must be consistent with University policies and procedures for R funds. REIA funds are often saved, especially by PIs and departments, to accumulate sufficient funds for larger purchases.