As defined by the National Institute of Health, a significant financial conflict of interest (SFCI) occurs if:
“With regard to any publicly traded entity, a significant financial interest exists if the value of any remuneration received from the entity in the twelve months preceding the disclosure and the value of any equity interest in the entity as of the date of disclosure, when aggregated, exceeds $5,000. For purposes of this definition, remuneration includes salary and any payment for services not otherwise identified as salary…"
Ball State University faculty, staff, and applicable graduate students must complete a training program for any Public Health Service (PHS) funded projects. Completion of the NIH SFCI training will meet this requirement. Once completed, print a copy of the completion certificate and keep this for your records. This certificate (in paper or electronic format) must be kept in a location where it can be readily available upon request.
All faculty, staff, and students must fill out and disclose any significant financial conflicts of interest, regardless of wether you believe a conflict is occurring, using the Significant Financial Conflict of Interest form. See the reporting section of the website for instructions on filling out this form. Please review the Significant Financial Conflict of Interest policy and procedures before filling out the disclosure form.
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