Difference: NsercDiscovery (14 vs. 15)

Revision 152012-06-18 - TamaraMunzner

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NSERC Discovery Grants

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I have cleaned up the organization of the "Examples" section. Kelly and myself have now commented on the ratings that came back from NSERC.

-- MichielVanDePanne - 29 Jun 2011

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Has anybody ever done the one-year deferral/extension in order to spend down their balance? I've got a big unspent hunk of money in my DG account (77K unspent, with annual grant of 25K). It has accumulated because I've needed to spend down other accounts, and I do indeed plan to make a big dent in it over the next year. They say "postponing an application does not adversely affect the review of your next application, but rather demonstrates good fiscal management of the funds". They also say they can impose a deferral (don't get next installment until later) or even a holdback (don't get next installment at all) upon you at their discretion. All this is documented at in the [[http://www.nserc-crsng.gc.ca/Professors-Professeurs/FinancialAdminGuide-GuideAdminFinancier/AdminMatters-QuestionAdmin_eng.asp#residual][Residual Balances]] part of their admin guide, and this unspent balance issue is specifically discussed in the 'How to succeed' document above.

Of course, the down side of deferring is in some sense I lose a year's worth of money.

Scarily enough, I've heard informally that they could even do a clawback (take money you already have in your account back), and the rough number I heard was if you're over 2x the annual amount. I may well still be over that mark by the time they deliberate in this year's competition. And that would be a loss of two years of existing money, so that's even worse. Plus, it might be hard to convince them to give me lots of new money. So I'm leaning towards deferral. But my big question is whether I'm being too paranoid or appropriately prudent.

Questions: a) is clawback a real possibility? b) has anybody else faced this problem before? if so what did you do?

-- TamaraMunzner - 18 July 2012

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META FILEATTACHMENT	attr="" comment="Slides from Michiel's short presentation to UBC CS on May 26, 2011" date="1308877654" name="Discovery-2011-05-26.pdf" path="Discovery-2011-05-26.pdf" size="240294" user="van" version="1.1"

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