The Core Cash system is launched to maximize the use of Core Facilities and to facilitate faculty recruitment and retention.
Core Cash may be used to cover regular service fees in any of the existing Core Facilities, except for the actual cost of materials/reagents, such as gene chips, protein chips, and antibodies.
Core Cash may be issued only by the HSC Provost.
Department Chairs may request Core Cash (up to $50,000 per department per year) to retain productive faculty, support new research projects, and promote research activities among trainees.
Department Chairs may request Core Cash (up to $50,000) as a part of the start-up package for newly recruited faculty.
Department Chairs may request Core Cash (up to $25,000) to complement institutional bridge funding.
Core Cash may not be used for on-going research projects with extramural funding.
Core Directors may claim Core Cash as income for the Core Facility for budget justification.
Core Directors may use a minor portion (less than 5%) of service hours as Director’s discretionary credit hours to optimize the operation protocols and to develop newer technologies/applications.
The Associate VP for Finance and Strategic Planning will notify Core Directors of newly issued Core Cash awards.
