School districts receiving awards on behalf of selected Career Award for Science and Mathematics Teachers are responsible for disbursing the funds and for maintaining adequate supporting records and receipts of expenditures. Award grants will be payable to the Career Award Recipient's school district, and recipients are expected to comply with all personal tax obligations. Career Award recipients and their school district will be responsible for ensuring that the funds are spent according to the budget outlining how these funds will be expended. The school district is responsible for dispersing the additional salary stipend to the teaching professional (which likely will include deductions for taxes & benefits) and providing timely access to BWF funds for the purchase of equipment, supplies, and professional development activities.
All Career Award recipients are required to participate in evaluation efforts specified by BWF. Grantees must provide BWF with an annual progress report and financial report. Both reports must be submitted on forms provided by BWF. Continued funding will depend on the favorable review of these reports by BWF and its program advisory committee.
Any unused funds held by the school districts when awards expire or are terminated must be returned to BWF, unless BWF has granted prior permission to retain the funds. Grantees may receive a no-cost extension of up to 24 months; requests explaining why an extension is needed must be submitted in writing at least four months prior to the end of the award.
Awards will be announced in late February 2013. Awards will begin on July 1, 2013. The first grant installment will be issued on April 15, 2013.