🚀 go-pugleaf

In article <4jigc8$gu2@newz.oit.unc.edu>,
Stacy Ferguson <sef@med.unc.edu> wrote:
>
>
>>month I work as a postdoc, up to one year, I incur a liability to repay 
>>the money should I decide to leave the field and work in something other 
>>than medical or health related teaching or research.  For each month 
>>after one year, the liability is removed, until at 2 years, there is no 
>>repayment liability.  If I were to leave now, after 7 months, I would 
>>have to repay 7/12 of what I been paid so far, or about $15,000.
>
>
>I'm not clear on who asked you to sign the payback agreement. If, in
>fact, you are on a training grant, then the first year after the 
>termination of your support off the training grant IS applicable to 
>your payback period. Is it possible that you're confusing this 
>rule with the rule that states that you are not liable for payback
>until after the first year of _support_? If I recall correctly, if
>you were supported as a postdoc off an NIH training grant for one 
>year, then you are not bound by the payback agreement. If you were

Hm, my reading of the contract suggests that the payback liability 
_accumulates_ during the first year, as I tried to explain.  That is, if 
you leave after the first 6 months, then you repay 6/12 of what you have 
been paid.  If you leave after 9 months, you rpeay 9/12 of what you ahave 
been paid.  After a year, you owe would have to repay the entire year's 
salary.  For each month after the first year, the amount of obligation is 
reduce by 1/12, so that after 2 years, you have no repayment obligation.
>
>Since I did not leave research, I haven't had first hand experience 
>with this and satisfied the terms of the payback agreement without 
>having to think about it. 
>
>However, I do know of people who have gone into areas
>other than research and teaching who got out of the payback agreement by 
>demonstrating that their scientific training did equip them for jobs 
>in which a science background was important for their work. For 
>example, one fellow post-doc joined a consulting firm that analyzed
>startup biotech companies for investment firms. I'm certain that
>he managed to get that work applied to his payback period, but I'm 
>not as clear on how it was handled (i.e. whether he consulted the NIH
>about it himself or whether he did it through a lawyer). In any event,
>it might be better for you to figure out what you'll end up doing first
>and then consult a lawyer if you're unsuccessful in getting the NIH to 
>decide in your favor. If it is an NIH payback agreement that you're
>refering to, then there is more laxity in what is considered "payback
>worthy" than you appear to think there is. 
>
>If you're not on a training grant, then ignore this post :)
>
>
>Stacy
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>
>

Thanks for your comments.

M