Most recently serving as vice president of finance and strategy, Emmanuel Gonsalves oversaw budgeting for Bethune-Cookman University. Emmanuel Gonsalves played a critical role in making better use of grants in order to enhance revenue streams.
Grants offer a valuable source of funding for universities and colleges. The following are ways to maximize grants in order to support other organizational initiatives.
Pay for research expenses.
To reduce printing and administrative research expenditures placed on higher education institutions, grant recipients can use part of their funding to pay for the fees. In order to not hinder their work, grant writers should be encouraged to include the expenses in their application prior to submission, so it can be approved.
Make better use of stipends.
Grant funds awarded to researchers, at times, can include a stipend for overload research. Used as a salary, a stipend can supplement a faculty member’s salary, thus supporting a fellow educator and research goals.
Create training opportunities.
To further academic opportunities, grants can be acquired to support the development of a new training facility, such as the Regional Technology Center at Mott Community College of Michigan. These types of centers can provide degree programs that benefit students and faculty members long term.
