For the purposes of this section the phrase grants and contracts shall be interpreted to include instructional, research, public service, and other academic-related activities but not student assistance, university business and capital operations, or private support from individuals and corporations generated through the Illinois State University Foundation.
The University shall establish and maintain comprehensive policies on and detailed procedures for the review and administration of grants and contracts. These procedures and policies shall ensure that the grant and contract activities engaged in are consistent with the University's academic mission, instructional commitments, and financial capabilities, and are in compliance with all applicable legal and ethical requirements.
Grants and contracts shall be accepted for the Board by the President. If there are conditions in the grant or contract which would otherwise require Board approval, the President shall submit the grant or contract to the Board for its approval.
Reports shall be made by the President to the Board concerning the receipt of grants and contracts according to the schedule established under the Board Master Calendar.
adopted: 05/09/1997
