Faculty contract selection: The selection period for the 2024-25 academic year will run from May 1 - July 12. 

Need help choosing the faculty contract payment schedule that works best for you? We can help.

  • Academic year contracts start payment the first day of the academic year in August, and end payment on the last day of the academic year in May.
  • A year-round option allows the contract to be paid over 12 months.

Learn more about pay schedule options below.

Academic year pay schedule

If you select the academic year pay schedule, you will be paid from August to May. 

  • The academic year salary will be paid from Aug. 31 through May 31.
  • August pay is a prorated gross amount of the academic year salary based on the August start date.
  • September through April will pay equal gross amounts of the academic year salary.
  • May will pay a prorated gross amount of the academic year salary based on the May academic year-end date.

12-month pay schedule

If you select the 12-month pay schedule, you will be paid over 12 months. 

  • Academic year salaries will be paid from Aug. 31 of the beginning year through Aug. 31 of the following year.
  • In August, you will be paid a prorated gross amount of the prior year’s contract accrual based on the mid-August end date, in addition to the prorated gross amount of the new academic year contract based on the August start date.
  • From September to July, you will receive equal gross amounts of the academic year salary.

Use our contract calculator to see if this option is best for you.

Some faculty may not be eligible to enroll in this pay schedule. Please see Tax Considerations for the 12-month pay schedule below to learn more.


Contract selection resources

Tax considerations for the 12-month pay schedule

Select your schedule

Restrictions

Compensation changes

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