Sources of project funds
Funds for research and extension projects can be obtained from the following possible sources:
Internal research fund
Government Budget/Grant
The government has the budget lines coded, 6417, 6271, 6221, and 6223 that may be used for supporting research. Departments and Faculties/Colleges should request budget on these lines based on attractive proposals and with strong justifications. Such budgets may be used to cover costs of consumable materials, funds for senior projects/essay, postgraduate students and funds for organizing trainings, seminars and workshops.
Research Fund at the University
The research fund at the University can be raised from 50% of the overhead charges of all projects and from 25% of the consultancy fee accrued to the University and sale of teaching materials and textbooks, if any. I addition to this the University shall allocate research fund from other internal revenue.
Research fund at the Faculty/College
Research fund at the faculty/college shall be raised from 25% of the consultancy fee accrued to the University, 10% of its internal revenue and an amount allocated from the University research fund.
Research fund at the Department
The research fund at the Department shall be raised from the 50% of the consultancy fee accrued to the University for the Services carried out by the Department staffs, 20% of its internal revenue and the amount allocated from the Faculty research fund.
Local and National Organizations
Wollega University shall make all necessary contact and relations with local and national sources, such as EIAR, ESTC and OARI. The University should solicit also other funding opportunities or encourage and facilitate researchers to compete in local and national research grant calls, depending on the quality of their proposals.
External or International Funding Agencies
Depending up on the nature and scope of the research project, the University shall look for funding from external or international sources. The University shall also encourage individual staff members to look for external and international funding opportunities.
Research collaboration agreements and contract research agreements.