The full policy can be found in Ordinance 22
Distribution of residual income to staff
Residual income from licensing agreements received by the University is split with the academic staff as agreed and following Ordinance 22.8.
Income split
At the time the license agreement is signed the university and the academic team will agree the split. At present it is set in favour of the academic team at either:
- 90%/10%
- 70%/30%
- 55%/45%
University's proportion
The University’s proportion is split as follows:
- 50% to Crescent fund
- 25% to Faculty/School
- 33% to University