Having found an objective merit system to be very unwieldy and a subjective merit system threatening to individuals, the faculty and administration at Morgan Community College, through joint effort, developed an Opportunity/Incentive Grant (OIG) program. While this policy is very much like other innovative grant systems, it also includes elements of professional and community development. The purpose of the OIG is to enhance the effectiveness of the college in meeting student and community needs; it is intended to create and support incentives for development and completion of progressive development activities among all full-time teaching faculty. The bulk of this document is an explication of specific procedures associated with the OIG program. Eligibility criteria are stated; selection committee structure, function, and processes are defined; the grant application and selection process is described; a description of the OIG funding base is presented; and a sample application form is attached. Areas of OIG activity include, but are not limited to: program development, instructional material development, professional development, and community development. (Author/JDS)