GUIDELINES ON ISSUING GRANT-IN-AID FOR LOA’S (Board of Regents Handbook, Title 4, Chapter 4, Section 13) If the LOA faculty is teaching a non-credit course or not teaching, get his/her total FTE and determine the number of credits he/she can be eligible for by following the equivalency: 1 credit = 6.25%FTE, with a maximum of 6 credits to be issued. 1 credit 2 credits 3 credits 4 credits 5 credits 6 credits = = = = = = 6.25 % 12.5 % 18.75 % 25 % 31.25 % 37.50 % and above If the FTE percentage is not in increments of 6.25%, roll the percentage up to the next higher percent increment to determine the credits to be issued. For example, if the LOA faculty works 10%FTE, roll the percentage to the next higher percent increment which is 12.5% to give the LOA faculty 2 credits in grant-in-aid. If a letter of credit equivalency (credit value of the work being done by a nonteaching LOA faculty) is received from the department/dean, the LOA faculty is eligible for the number of credits (6 credits maximum) stated in the letter. G:\UPS\Forms & Web Info\Web Info\LOA Faculty Grant-in-Aid.doc