STARS Funding Policy

UT Austin
May 2009

As a general policy, all start-up funding obtained under the STARS program (expenditures restricted to equipment and/or renovation) shall be expended or encumbered within two years of the date the faculty member arrived on campus. STARS awards supporting counter-offers shall be expended/encumbered within two years of the date of the award. Under exceptional circumstances, and with the written approval of the Provost, this deadline may be extended for a maximum of one year. All funds not expended or encumbered after this deadline shall lapse and be returned to UT System for reallocation.

This policy shall apply to all STARS awards made in 2008-09 and subsequent years.

All recipients of previous STARS awards shall make every effort to expend/encumber any current balances as soon as possible and unless there are compelling circumstances, all funds should be expended/encumbered by August 31, 2010. After this date, all balances will be reviewed and be subject to lapsing to UT System.

The deans of the schools/colleges shall notify both existing and future STARS award recipients in writing of the deadlines to expend/encumber STARS funds outlined in this policy.

For more information regarding STARS funding contact Executive Vice Provost Stephen A. Monti.