W. Va. Code R. § 133-48-4

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 133-48-4 - Eligibility Criteria

4.1. During the first five years of the trust fund's existence (or five years after more funds are deposited) and in compliance with this rule, the Commission shall disburse up to sixty-five (65) percent of moneys in this account to match qualified donations and pledges received by West Virginia University, thirty (30) percent of moneys to match qualified donations and pledges received by Marshall University and five (5) percent of moneys to match qualified donations and pledges received by West Virginia State University.

4.2. State colleges are eligible to receive awards through a competitive process established by the Commission. Only those funds derived from investment earnings accruing in the Research Trust Fund or those that remain unmatched by the participating institutions by July 1, 2015 are available to state colleges pursuant to section 12 of this rule.

4.3. Scientific disciplines. Only those scientific disciplines or combinations of interdisciplinary research activities in the list below are eligible for trust fund matches.

4.3.a. Energy and environmental sciences;

4.3.b. Nanotechnology and materials sciences;

4.3.c. Biological, biotechnical and biomedical sciences;

4.3.d. Transportation technology and logistics;

4.3.e. Biometrics, security, sensing, and related identification technologies; and

4.3.f. Gerontology.

4.4. Any external gift meeting the standards established by this rule and included in the institution's approved research plan is eligible for equal matching amounts from the trust fund.

W. Va. Code R. § 133-48-4