In administering the funding schemes of the National Competitive Grants Program, the Australian Research Council pays Administering Organisations each month via electronic funds transfer (EFT). Details relating to grant payments are provided for: ContactsSubjectE-mail Banking and reporting issuesARC-FinanceSection@arc.gov.au ARC Centres of ExcellenceARC-Postaward@arc.gov.auDiscovery Early Career Researcher AwardsDiscovery IndigenousDiscovery ProjectsFederation FellowshipsFuture FellowshipsIndustrial Transformation Research ProgramLaureate FellowshipsLIEFLinkage ProjectsSuper Science FellowshipsSpecial Research Initiatives Indexation FactorsYearIndexation Factor1 January 20121.1893661 January 20131.2351261 January 20141.2724521 January 20151.2952421 January 20161.3172611 January 20171.3370201 January 20181.3570751 January 20191.3828591 January 20201.4077501 January 20211.4330901 January 20221.4459881 January 20231.4965981 January 20241.6133331 January 20251.679480Please click here to view Salary and stipend levels PaymentsAs a general rule, the ARC transfers funds to Administering Organisations on the second Thursday of each month. From May 2025, the payment schedule for the 2025 calendar year has been amended as outlined in the table below.PayPay DatePay %1 (January)12.012.028.020.038.028.048.036.0514.050.06 (June)*30.080.070.080.080.080.094.084.0104.088.0114.092.012 (December)8.0100.0 * Pay 6 will be delayed from the regular second Thursday of the month (Thursday 12 June 2025) to Thursday 26 June 2025 to allow Administering Organisations time to execute the revised Funding Agreements by 19 June 2025.