MCubed 2.0 Financial Process

An Overview of the MCubed 2.0 Financial Process:  Help for Faculty and Staff 

The table below outlines the formulas that each school/college/unit has set for faculty participation in MCubed, including terms of eligibility and the financial contribution from faculty. While the Provost's contribution to MCubed covers 1/3 of each token, the remaining 2/3 of the token cost is divided between a faculty member's unit and the faculty member him/herself, according to the funding model developed by that unit shown below.

Ann Arbor - Financial Breakdown:

  • Faculty contribution: The amount a faculty collaborator must pay to participate on a cube (broken down by classic cube or mini cube)
  • Unit contribution: The amount the faculty collaborator's unit (school/college) will pay for the faculty member to participate on a cube.  Note:  "Unit" does not refer to department.
  • Limit 1 token from unit/cube: These units allow only one faculty member from the unit per cube (i.e. two faculty from School of Business cannot be on the same cube) 
  • Eligible token holder: The groups of faculty members who are eligible to participate in MCubed
     

Unit

Faculty Contribution (Classic)

Unit
Contribution (Classic)

Faculty Contribution (Mini)

Unit 
Contribution (Mini)

Limit 1 token from unit/cube

Eligible token holder [i]

Architecture and Urban Planning

$8,333

$5,000

$1,666

$1,667

Yes

TTF

Art & Design

$0

$13,333

$0

$3,333

No

TTF

Business[ii]

$2,500

$10,833

$3,333

$0

Yes

TTF

Dentistry

$8,333

$5,000

$2,083

$1,250

No

TTF, clinical, or research track faculty with active sponsored research grants over $50K

Education

$8,333

$5,000

$2,083

$1,250

Yes

TTF, clinical, or research track faculty

Engineering

$6,666

$6,667

$1,666

$1,667

No

TTF, full and associate research professors

Information[iii]

$0-$13,333

$0-$13,333

$0-$3,333

$0-$3,333

No

All faculty; PPFP fellows

Kinesiology

$3,333

$10,000

$850

$2,483

No

TTF

Law

$0

$13,333

$0

$3,333

Yes

All full-time faculty of any rank and title

Libraries

$0

$13,333

$0

$3,333

Yes

All faculty

LSI

$6,666

$6,667

$1,666

$1,667

No

All faculty

LSA Humanities

$8,333

$5,000

$0

$3,333

No

TTF; all research scientists; full and associate research faculty; PPFP fellows

LSA Natural Sciences

$8,333

$5,000

$0

$3,333

No

See above

LSA Social Sciences

$8,333

$5,000

$0

$3,333

No

See above

Medical School

$7,800

$5,533

$1,950

$1,383

No

TTF, research, and clinical track faculty

Music, Theatre, & Dance

$8,333

$5,000

$0

$3,333

Yes

TTF

Natural Resources & Environment

$6,666

$6,667

$1,666

$1,667

No

TTF or professors of practice

Nursing[iv]

$0

$13,333

$0

$3,333

No

Tenure and clinical track full and associate professors; assistant professors only per approval from the Associate Dean for Research and their department chairs, case by case basis

Pharmacy[v]

$8,333

$5,000

$1,833

$1500

No

TTF, research, and clinical track faculty

Public Health[vi]

$3,333

$10,000

$1,666

$1,667

No

TTF; research faculty at all levels; research scientist and research investigator tracks

Public Policy

$3,000

$10,333

$1,000

$2,333

Yes

TTF and clinical faculty

Social Work

$8,333

$5,000

$2,083

$1,250

Yes

TTF

UMOR

No faculty contribution.
Center pays: $6,666

$6,667

No faculty contribution.
Center pays:  
$1,666

$1,667

No

Research faculty or research scientists with primary appointment in UMOR research unit (greater than 50%)

 

[i]Unless otherwise indicated, the eligible token-holder must have a 50% appointment or greater in the designated home unit.

[ii] Ross Business School: Chaired professors pay $5K.

[iii] School of Information: School of Information pays full subsidy for assistant and associate professors (tenure track) and assistant and associate clinical faculty who have < $20,000 in RESIN and STARTUP combined as of September 1, 2015 (exclusive of student support). All full professors and those with >20,000 in RESIN and STARTUP combined as of September 1, 2015, must pay the full SI portion of the token through their funds.

[iv] School of Nursing: Assistant professors receive tokens only per approval from the Associate Dean for Research and their department chairs, on case by case basis; School of Nursing pays $13,333 only for faculty with <$15K discretionary funds. Faculty with $15K–29K funds pay $6,666. Faculty with >$30K funds pay $13,333.

[v] College of Pharmacy allows requests for additional funding if faculty has no discretionary funds. Specific aims page required to Associate Dean for Research. Partial assistance may be sought from chairs. Mention if grad student from Pharmacy will be involved.

[vi] School of Public Health: Cubes with 2 faculty in same SPH department: SPH gives $5,000; cubes with 2 faculty from different SPH departments: SPH gives $8,333; cubes with 3 different units: SPH gives $10K
 

Dearborn - Fianancial Breakdown:

Individual faculty at Dearborn do not have to invest any of their own funds.  The costs are covered by ORSP-Dearborn and the individual colleges.
 

How Financials Work:  Before Cube Formation

  • Participating campus units (schools, colleges) determine which groups of faculty are eligible for a virtual MCubed token.
  • Participating campus units set unique funding models for tokens in their units.  Tokens are worth $20K (in classic cube) or $5K (in mini-cube).  For U-M Ann Arbor faculty, the Provost’s contribution covers 1/3 of each token, and the unit and PI contributions, combined, cover 2/3 of each token. For U-M Dearborn faculty, 100% of tokens are paid for by the central administration and the units; no faculty contribution is required. 
  • Before faculty can exercise their tokens in the MCubed system, the MCubed website prompts them to supply a faculty user shortcode and an overage shortcode.  The “user shortcode” is an account from which the faculty member’s contribution to the token comes.  The “overage shortcode” is an account from which, at the close of the funding period, any deficit will be charged (with each of the three faculty collaborators on the cube bearing 1/3 of the charge). 
  • Faculty cannot supply shortcodes from external, sponsored funding or restricted gift. In cases where units cover the entire 2/3 of the token and don’t require a faculty contribution, faculty enter “111111” for their user shortcode.  Faculty should enter their own discretionary shortcode for their “overage shortcode” unless their unit indicates a willingness to cover the potential overdraft as well.
  • The MCubed website also requires faculty to enter the uniqname of a SAPOC (single administrative point of contact), or the person who manages the faculty member’s research or discretionary accounts.  The SAPOC will receive email notification of this role and should use the embedded link right away to become a registered user in the private MCubed website.
  • Each unit supplies a single shortcode from which its contribution to tokens gets pulled.
  • Faculty member posts a project concept on MCubed website, invites two other collaborators to join.  The faculty who posts the project functions as the “project owner,” and the funds are housed in his/her home unit.

 

How Financials Work:  After Cube Formation

  • Following the semi-random selection process at a cubing event, the faculty trio will receive a congratulations email if their project has secured a cube. This message serves as the award letter, with binding program requirements.  The MCubed Unit Liaisons and SAPOCs for all three faculty collaborators will be copied on this message.
  • After the project owner’s SAPOC verifies the shortcodes for all three faculty collaborators on the cube, the Shared Services Center (SSC) pools the funds into the Provost’s Office project grant chartfields, per units’ unique funding models for their faculty’s tokens.  There is no mixing of funds across categories.  In many cases, there will be more than one shortcode within the project grant chartfield.
  • The project owner’s SAPOC manages the funds, corresponding with the SAPOCs for the other two faculty as needed to support the collaboration.
  • 50% of the cube funding must go toward U-M emerging researchers and scholars who function as cube personnel (U-M undergrads, grads, postdocs).  The other 50% is research-related discretionary. Faculty/investigator salaries are NOT an allowable expense.
  • MCubed runs a query constructed by SSC to ensure adherence to spending rules.  The end of the funding period for all MCubed 2.0 cubes is December 31, 2017. However, cubes formed between January-March 31, 2017 have an end date of March 31, 2018.  Any remaining funds in cubes (over $2K) are proportionately returned to the Provost, units, and faculty.  Any overages are split three ways among faculty overage accounts.

 

 

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