I recently came across a job ad that states:
"The university commits 25% of salary with the expectation that the successful candidate will teach one course per semester and secure the remaining salary via extramural funds. The relative balance of research and teaching will be proportional to candidates’ extramural support."
What's not clear to me is if they are only willing to take an applicant who can currently fund him or herself at 75%, and if this ratio is expected indefinitely. In other words, what happen is you can't fund yourself at 75%? Is there no hard money available to cover you? This seems more like a soft money position…or am I totally off? I emailed the search chair, but haven't heard back.