Fund Management

 

The primary function of University is to impart quality education and its enhancement through promotion of academic, research, support services and through collaboration networking with international organization, finally to contribute acquired knowledge in National and International Developments. All these will need finance which will be obtained internally from tuition fees from students and externally as assistance from external organizations. This will involvesubmission of proposals to organization which have a good international track in education, development research and ICT innovation health support and poverty alleviation. SPIDER, Bill and Melinda Gates Foundation, Ford Foundation, IDRC, COL, CIDA, SIDA, Elsevier, INASP, Erasmus, International Science Program (ISP), LEADHER etc. are notable organizations which support good academic and research program. Funds when available, may be spent in Development of Teaching and Learning, Research work, Collaboration between DIU and foreign universities, Attending conferences/workshops/seminars, Conducting training/workshops/seminars, Development and use of ICT systems/ICT infrastructure, ICT for development and Projects on poverty alleviation.

Proposals for grand’s/assistance will be prepared by an individual or group according to the requirement of the organization. The project generally will lead the title, objective, methods of study, budget and outcome. There will be one principle investigator, who will be responsible for execution of the project and fund management received from the external organization. As the project would involve use of University infrastructure and other facilities, the University will charge 10-20% of the fund as University overhead expenses. The Principle Investigator will get honorariumas stated in the proposal earlier. The principle investigator will have the option to recruit additional stuff needed for smooth running of the project.

Funds received will be deposited in a bank with consultation of the Finance and accounts division of Daffodil International University. University employee must submit through the Registrar of the University and also send all correspondences to the authority of the organization through Registrar DIU. Finally a report of the study will be prepared by the Principle Investigator along with all expenses and original vouchers supporting the expenditure. Personals involved in the Project will be chosen by the Principal Investigator as per requirement of the project. The Principal Investigator and the person involved in the project will discharge the duties without disturbing his duties already assigned by the University in line with a terms and conditions of his primary appointment in the University. The University authority, however, maydepot both academic as well as Administrative personality for monitoring the project if the authority considers it necessary. In that case, the personals may enjoy honorarium out of proposed budget.

Principal Investigator                                           Registrar
Title of the project                                    Daffodil International University