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Showing posts with label awards. Show all posts
Showing posts with label awards. Show all posts
Sunday, 19 June 2016
And the Winner Is...'Sometimes Humorous'
Tuesday, 6 October 2009
RCUK to Clawback Money from Grants
RCUK has announced that it will be clawing back funding from some existing awards in light of a fall in the official forecasts of inflation.The changes, estimated to be around 1.2%, will take effect from April 2010 onwards, and will affect any grant with outstanding payments of more than £100k.
Alan Thorpe, Chair of Research Councils UK said: "The decline in inflation needs to be reflected in the grants we award. All savings made as a result of changing the rate will be reinvested into research and postgraduate training."It's noted, however, that 'rises in inflation' are not reflected in the grants they award.
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