Funding Statement

Project Award Periods

Projects are approved for support in their entirety but are funded annually. 

Each project is funded for a maximum of 2 years (exclusive of extensions). Recipients must submit an annual progress report as a prerequisite to approval funding for the following year and, if needed, for an extension of up to one additional year. 

Projects are awarded in categories to support various initiatives while ensuring that larger projects receive adequate resources to make a significant impact.

Funding Award Categories 

Category 1 Award:

  • Up to $25,000 for proposals with a single PI.
  • Intended for smaller-scale projects. 
  • Could fund research studies or pilot programs. 
  • Priority is given to projects with clear community impact and feasibility.

Category 2 Award:

  • Up to $50,000 for two or more PIs from different disciplines who are initiating a new collaboration that is expected to lead to broader community engagement or research with significant potential impact. 
  • Supports innovative approaches to addressing community challenges.
Sample Budget

  • All Fordham University faculty can apply for funding. Research conducted through BRICS must be separate from contractual responsibilities by your academic department. Faculty support may be offered in the form of funding for course release and/or summer stipend. Please note that all such decisions are subject to the discretion of departmental leadership and the Office of the Provost. 

  • Administrations partnering with faculty can apply for a stipend for their work with a job description included. The job description must have responsibilities that are outside of their normal full-time duties to be approved. An estimated amount of hours must also be included. Please note that decisions are subject to approval from the area supervisor and VP. 

  • Students can be hired during the Fall and Spring semesters as hourly workers. The maximum number of hours per week they are allowed to work is 19, which totals 38 hrs per pay period. 

    For summer student work, hourly employees can work up to 40 hrs a week for a maximum of 120 days.

    GA/ Research Assistants/Undergraduates are not eligible for any fringe benefits. 

    • To hire your student of choice, their name and student ID number must be available at least 2-3 weeks before their start date. 

  • Anyone hired outside the University as an independent contractor must complete independent contractor forms to receive payment. Forms must be submitted before working, and payment will be sent out once work is completed.

  • If any out-of-pocket expenses are incurred, all receipts must be available for Concur Reimbursement and must follow the university guideline policy. 

  •  Are allowed however, please note the following information must be completed for payment to be approved for a wire transfer:

    (W8ben for individual, W8ben E for entities)

    1. NAME & ADDRESS of Account Holder/Individual
    2. IBAN # (International Bank Account Number) or Bank Account Number
    3. NAME OF BANK
    4. BANK Address
    5. SWIFT CODE and/or ABA #
    6. IMPORTANT -Any further identifiers needed, such as the name of the person or department where funds are going.