173.525. Fund, uses and limitations--contribution from other sources, requirements--higher education applied projects, funding.

MISSOURI STATUTES AND CODES

173.525. Fund, uses and limitations--contribution from other sources, requirements--higher education applied projects, funding.

Fund, uses and limitations--contribution from other sources,requirements--higher education applied projects, funding.

173.525. 1. Moneys from the research fund shall be used todefray a maximum of thirty-three and one-third percent or, forsmall business, a maximum of sixty-six and two-thirds percent ofthe expenses associated with any research project approved by theboard of curators for funding under sections 173.500 to 173.565.The remaining sixty-six and two-thirds percent or, for smallbusiness, the remaining thirty-three and one-third percent of theexpenses associated with any such project shall be contributed bya source other than the state or federal government. The boardof curators shall approve for funding only those researchprojects for which:

(1) Contributions were not committed for the same or relatedresearch prior to August 13, 1982;

(2) Contributions have been obtained entirely from sourcesother than the state or federal governments, student fees,institutional endowment or other moneys used to fund theoperating budget of the university; and

(3) Funding is consistent with the purposes of sections173.500 to 173.565.

2. Only those expenses which are usually and customarilyattendant to academic research shall be provided, including,without limitation, salaries of the principal investigators andassistants and the purchase of equipment and supplies. Moneys inthe fund shall in no event be used to defray any portion of costsnormally attributable to overhead.

3. Notwithstanding other provisions of sections 173.500 to173.565 to the contrary, the board of curators may, in an amountnot to exceed twenty-five percent of any appropriation to thehigher education research fund, use such moneys to defray notmore than thirty-three and one-third percent of the expensesassociated with what is considered a "higher education appliedproject" as that term is used by sections 173.545 to 173.565which the board of curators deems to be of unusual promise.