Grant policy updates
Compound inflation is 2.0% a year, from year 2 onwards. This applies to grants awarded from 1 October 2017.
Changes to 'ringfenced' costs on grants and our 10 per cent retention policy
We no longer award budgets under the 'ringfenced' cost heading. Instead grant holders will be able to move funds into and out of their budgets. Our 10 per cent retention sum is now based on the full value of the award.
Changes to travel to meetings allowance for principal investigators
Travel to meetings allowance for principal investigators (and co-investigators who receive their salary on the grant) increased from £1,500 a year to £2,000 a year.
Changes to maternity/paternity/adoption/sick leave entitlement
Changes to entitlement and supplementary funding. Further details can be found here.
Compound inflation is now calculated at 1.3% a year, applied from Year 2 onwards.
Flexible Funding Allowance now only provided on studentships and training and intermediate fellowships. Further details can be found here.
Compound inflation is now calculated at 1.7% a year, applied from Year 2 onwards.