Academic Senate ladder faculty who lead one of these seminars will receive a $1,500 research award, not as salary, but in research funds to support his or her academic expenses, assuming the seminar enrolls 5 or more students. Seminars which do not have at least five students enrolled by the end of second week will be canceled. Payment will be made in mid-November (for Fall seminars), mid-February (Winter), and mid-May (Spring). Funds can be carried forward to the next fiscal year. Ladder faculty are eligible to receive the $1,500 award only once in each academic year. Teaching a Fiat Lux seminar will not count as part of regular workload and will not result in any reduction of teaching responsibilities. Non-ladder faculty, as well as administrators may offer a seminar, but they are not eligible for a chancellor’s award.