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: Contacts Subject E-mail Banking and reporting issues ARC-FinanceSection@arc.gov.au ARC Centres of Excellence ARC-Postaward@arc.gov.au Discovery Early Career Researcher Awards Discovery Indigenous Discovery Projects Federation Fellowships Future Fellowships Industrial Transformation Research Program Laureate Fellowships LIEF Linkage Projects Super Science Fellowships Special Research Initiatives Indexation Factors Year Indexation Factor 1 January 2012 1.189366 1 January 2013 1.235126 1 January 2014 1.272452 1 January 2015 1.295242 1 January 2016 1.317261 1 January 2017 1.337020 1 January 2018 1.357075 1 January 2019 1.382859 1 January 2020 1.407750 1 January 2021 1.433090 1 January 2022 1.445988 1 January 2023 1.496598 1 January 2024 1.613333 1 January 2025 1.679480 1 January 2026 1.719787 Please click here to view Salary and stipend levels Payments As a general rule, the ARC transfers funds to Administering Organisations on the second Thursday of each month. From December 2025, the payment schedule for the 2026 calendar year has been amended as outlined in the table below. Pay Month Pay % Possible fluctuation Pay % Accumulated 1 January 17.0 17.0 2 February 15.0 32.0 3 March 15.0 47.0 4 April 15.0 62.0 5 May 15.0 + -5% 77.0 6 July 5.0 + -5% 82.0 7 August 5.0 87.0 8 September 5.0 92.0 9 October 5.0 97.0 10 November 3.0 100.0 100.0