The capture of credit will permit units to run reports for investigators to showcase their credit contributions on sponsored projects, independent or in conjunction with sponsored expenditures.

No, credit will not impact the distribution of overhead. Overhead is distributed in accordance to where the funds are expended or as mutually agreed by all parties, under a special distribution.

No, credit and effort are mutually exclusive. An investigator may be budgeted for 25% effort on a large, multi-investigator project, but receive 10% of the Intellectual Credit for the overall project.

No, credit is not related to the estimated project budget. The participating investigators may collectively choose to distribute credit based on the estimated budget, but the two are unrelated.

No, Intellectual Credit is proprietary to the University and will not be shared with the sponsor.

The capture of Intellectual Credit provides an additional means of reflecting an investigator`s overall contributions to a particular sponsored project.

There are two revenue generating templates available in Urbana:

• The Purchasing and Contracts Management office processes professional services, such as consulting, educational programs, health care services, counseling, and training.

The main distinction between grant and contract revenue and educational activity or other revenue lies in the nature and the purpose of the agreement. Sponsored activity is representative of scientific research, whether basic, fundamental or applied, or a unique non-recurring service, whether in the nature of research, instruction, or public service.