Big Capitalist

"Of course, any teacher who wants to apply for funding for magic research will have no problem, as long as they go through the necessary procedures to apply for funding!" Merlin scanned the entire audience and continued.

"Process?" Many teachers were stunned again when they heard Merlin's words. The experienced teachers directly picked up the documents in their hands and turned to the next page.

(2) Application materials

When applying for research funding, teachers need to submit the following materials:

1. Project research plan: including research objectives, research content, methodology, expected results, time plan, budget, etc.

2. Research background and significance: explain the academic value, innovation and impact of the research on the college and academic community.

3. Personal research record: including teachers’ past research results, published papers, awards or research grants received.

4. Expected results and application plan: If the research is successful, how will the research results be applied and explain its potential socio-economic benefits.

5. Budget details: including personnel expenses, experimental material expenses, instrument and equipment purchase expenses, travel expenses, etc.

6. Recommendation letter from supervisor or collaborator (optional): For assistant teachers and lecturers, the college encourages them to provide recommendation letters from supervisors or research collaborators.

Isn't the process of applying for research funding too complicated? How much materials do I need to submit?

Many teachers had already raised their hands to protest. Merlin pointed at the teacher who was about to speak and said, "Don't raise your hands yet. Teachers, please continue reading. I won't explain them one by one. It's too troublesome! If you have any questions after reading, just speak up."

When the teachers present heard Merlin's words, they all picked up the documents in their hands and read them carefully.

(3) Application restrictions

Each faculty member may apply for research funding at most once per year.

(4) Funding approval process

Preliminary review: The college’s Mage Tower Management Department conducts a preliminary review to examine whether the application materials are complete, whether the research plan is reasonable, and whether the budget is compliant.

After passing the review, it will be submitted to the Magic Academic Research Association for further review.

Magic Academic Research Association Review: It is composed of professors from the six major colleges, and mainly reviews the academic value, innovation and feasibility of research projects.

Judging criteria include:

Whether the research project is innovative and feasible.

Whether the research objectives are clear and quantifiable, and whether the research plan is reasonable.

Whether the budget is appropriate and whether the funds are used reasonably.

Decision-making and Approval: The review results of the Magic Academic Research Association will be submitted to the Vice President's Office, which will make the final decision. The Vice President's Office will allocate funds based on the annual funding situation of the college.

Notification and Funding: Approved funds will be disbursed in installments and adjusted according to the progress of the project. Usually, the start-up funds for the project are 30%, 40% will be disbursed after the mid-term review of the project is passed, and the remaining 30% will be disbursed in the later stage of the project.

Vice Dean Jenny was stunned for a moment. "Merlin, this so-called magic academic research association..."

"This is a must, and the members must be professors with certain research results. I have already thought of the president, and I think Dean Harrington can be the president."

Harrington was absorbed in reading the relevant documents at the moment. When he heard Merlin say that, he looked up at Merlin strangely, wondering if this guy had made a spur of the moment decision or had planned it long ago.

If this was planned long ago and this kid doesn't know that he is the dean, then Merlin is a good guy and can be dealt with!

Anyone with a discerning eye can see how much power and status the Magic Academic Research Association will have in the Arcane Academy if this proposal is passed.

"Hey, Merlin, can't we do it?" Baker Monroe, the dean of the Beast Taming Academy, pointed at himself.

"Okay, why not? It would be best if the deans of the six major colleges could enter the Magic Academic Research Society." Merlin wished that the Magic Academic Research Society had as many awesome people as possible.

Adrian Gate, the dean of the Judgment Academy, had been dozing with his arms folded and his head down. At this moment, he suddenly raised his head and hands and said in a hoarse voice, "I have no interest in the Magic Academic Research Society. I will not join, and neither will our Judgment Academy."

"I'm not interested either." As the dean of the Fighting Academy, Wendell Clemens has no interest in studying magic or anything like that. He only cares about improving his own and his students' strength.

The Dean of the Faculty of Arts, Agatha More, and the Dean of the Faculty of Secrets, Michelle Wenzel, were very interested. They expressed their support and were willing to join the Magic Academic Research Society.

"What if there's not enough research funding?" Harrington put down the documents in his hand and looked at Merlin.

Merlin made a gesture to continue flipping through the pages. Harrington's mouth twitched slightly. He lowered his head to pick up the document and continued to flip through the pages. He wondered how much his student had considered and written.

(5) Teacher titles and application batch restrictions

Assistant teachers: can only apply for one batch of research funding each year, and the funding amount for each batch shall not exceed 1 gold coins. The approval rate of assistant teachers' application for research funding is relatively low, but if the application is successful, a longer research period (for example, 10,000-2 years) will be granted.

Lecturer: You can apply for up to 2 batches of research funding each year, and the funding for a single batch cannot exceed 15,000 gold coins. Lecturer-level teachers can begin to undertake more complex independent research projects.

Associate Professor: You can apply for up to 3 batches of research funding each year, with each batch not exceeding 20,000 gold coins. Associate professors usually have more funding opportunities to support them in conducting higher-level interdisciplinary or project-based research.

Professor: You can apply for up to 4 batches of research funding each year, with each batch not exceeding 30,000 gold coins. Professor-level teachers will receive the highest amount of support to promote large-scale or key research projects.

"From this perspective, it seems okay?" Many teachers nodded silently as they saw that they could apply for funding multiple times.

"Look at the small print below. To apply for new research funding, you also need to apply, submit, and get approval. You also need a detailed breakdown of previous funding expenditures."

"Why is it so troublesome?"

"I think it's OK. It's not too much trouble."

At this time, a teacher rolled his eyes and whispered to the teacher next to him, "Can we apply for research funds every year and spend them? If there are no results, we can just say that the research has failed."

"Are you an idiot? Didn't you see that it says that the research funds will be distributed in stages?"

"Can't we take 30% at the beginning and then try to get 40% in the middle?"

Many teachers looked at them with some contempt when they heard the conversation between the two. The strength of the teachers present was above level five, so they could hear what the two said even if they were talking in a low voice. The two also forgot to use mental power to transmit sound.