The FY23 RERIP program will provide schools and departments with the opportunity to earn incentive funds to assist with school/department operations. All schools/departments receiving RERIP funds will need to work with Deans on a plan for the funds. Funds will be distributed no later than the last week of September. An accountability report will be required in June of each year to track the use of these funds. Strategic Budget Carryover (SBC) of these funds will not be approved. These funds are being made available from the Vice President of Finance and Planning for successful recruiting and/or retention efforts in the two main categories described below:
NOTE: Average percentage across all 7 categories:
NOTE: Weightings will be adjusted for schools/departments that do not have graduate/undergraduate programs.