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If a department only spent a portion of the prior year’s allocation and has a carryforward balance greater than zero as of the June ledger, their current year’s allocation will be prorated to bring the department’s balance to $4,000. If a department is carrying a recruitment fund balance of $4,000 or more, they will not be eligible for any additional allocations. The Graduate Division highly encourages departments to make the most out of their recruitment funds.
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Department A has a balance of $0 in their recruitment account-fund as of June in the prior fiscal year. Their current fiscal year’s allocation will be $4,000.
Department B has a balance of $1,000 in their recruitment account-fund as of June. Their current fiscal year’s allocation will be $3,000.
Department C has a balance of $6,000 in their recruitment account-fund as of June. Their current fiscal year’s allocation will be $0.
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