What is exempt?

Income, regardless of amount, is exempt if it is from:

- Seminars or lectures for public/non-profit entities
- Review activities for public/non-profit entities
- Private practice income under Regents Policies
- Royalties through the University, if the researcher has no other financial interest and no clinical trials or other development research with the royalty granting entity.

Income less than $10,000 annually from a business or educational materials is also exempt.