The authors of the winning proposal will receive a combined cash award of $5,000 to be used as determined by the authors within general university guidelines for compensation and in compliance with state and federal law.  There also will be up to five reserved (red sign) parking places made available for the next academic year for use by the authors of the proposal at no charge to them. Should more than one proposal be determined by the Provost in consultation with the committee to be highly meritorious, the Provost has the right to offer more than one award.

Half of the cash award will be made available at the announcement of the winning proposal, with the other half being awarded upon the completion of the university or KBOR request for approval form.