Grant funds may include a provision for inflation, normally based on the GDP Deflators published by HM Government for anticipated future pay awards, merit pay and inflation. No provision for inflation will be made for equipment costs.
The value of the grant may be varied by the STFC during the lifetime of the grant to take into account changes in the deflators or other Government decisions affecting the funding available to the STFC.
Research grant funds are provided for a specific research project and can only be used for activities that fall within the duration of the grant, with the exception that, with prior approval, expenditure incurred before the start date may subsequently be charged to the grant provided it occurred after the offer confirmation was issued. Under no circumstances may directly Incurred funds be used to meet the costs of any other grant or activity.
Science and Technology Facilities Council Switchboard: 01793 442000