12.6 Award of Funds

All budget proposals are reviewed by the Financial Review Committee (FRC), and the Committee recommendations are submitted to the STScI Director for final approval. Near the start of Cycle 20, each PI or Administrative PI of approved programs that have requested funding will receive electronic notification from the STScI Director with the approved funding amount. Approved preparatory funding is generally awarded soon thereafter. With the exception of preparatory funding, GO funding will begin to flow after the first observations from the program occur. Funding for AR and Theory proposals will commence once funding is approved. The balance of the approved funding amount will be awarded after the receipt of observational data for the program. All funding is subject to the availability of funds from NASA.