Page 135 - 2021-22GMS基金獎助金管理研習手冊
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             of funds.


             In a global grant application:

                 1.  Sponsors may include a budget line item for contingencies representing no more than 10 percent of the
                    total budget, in order to offer protection from price increases or currency fluctuations. Sponsors need to
                    report on the use of these funds or return them to the Foundation if they aren’t used.
                 2.  Sponsors may allocate up to 10 percent of the project budget for project management costs, which may
                    include a project manager and project-specific overhead and administrative costs for cooperating
                    organizations.
                 3.  Sponsors may include up to 10 percent of the project budget to cover expenses to measure project
                    outcomes.



             Scholars and vocational training team members need to submit individual applications to supplement the overall
             grant application. Grant sponsors should ensure that scholar and vocational training team applicants understand
             that the Foundation needs to approve their applications before they incur any expenses or make travel
             arrangements. Applications involving travel for scholars, vocational training teams and volunteer travelers need to
             be submitted 90 days before the travel dates.


             Note that:

                 1.  If grant applications aren’t formally submitted within 12 months of initiation, the application will be
                    canceled.
                 2.  If grant applications aren’t completed and approved within six months of submission, the application will
                    be canceled.
                 3.  If payment requirements aren’t met within six months of approval, the grant will be canceled.

                 4.  If grants aren’t implemented within 12 months of payment, the grant will be canceled, and the sponsors
                    will be required to return the funds.


             Additional criteria for scholarships:
                 1.  Applicants need to provide proof of university admission to a graduate-level program or letter of
                    invitation to conduct postgraduate-level research when applying for the grant. Admission that requires a
                    guarantee of financial support is acceptable.
                 2.  Applicants need to study outside their home country.

                 3.  Applications for scholars who will begin studies in August, September, or October need to be submitted by
                    30 June.

                 4.  The scholar’s study period may begin at any semester during the course of their studies, but funding can
                    be for no less than one academic year.


             Terms and Conditions for Rotary Foundation District Grants and Global Grants (September 2020)   6


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