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When faculty members obtain externally sponsored grant funding and wish to be released from teaching a course to have time to work on the grant, they may request a course buyout (i.e., release).

Eligibility

Full-time tenured, tenure-track, and instructional COB faculty

Policy Guidelines

• Faculty may be released from one 3-credit course per academic year (exceptions considered;
  require approval of the dean and chair).
• Course buyout applies to the faculty member’s regular teaching load.
• Course buyout amount is $14,000 per course.
• Course buyout amount must be included in an externally sponsored grant budget (and be an allowable expense for the granting agency).
• Grant proposals must be submitted through the Office of Sponsored Research and Sponsored
  Programs.
• Faculty are not permitted to teach an overload in a semester that they receive a course buyout.
• Faculty should discuss their plan to request a course buyout with their chair in advance.
• Faculty must obtain course buyout approval from their chair to ensure the availability of course coverage prior to submitting the grant proposal.