2350.035 Interest Income Allocation on Sponsored Projects Policy and Procedure

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Policy

On rare occasions, a sponsor may forward award funds to the University in advance of the project's performance and require that such funds be placed in an interest-bearing account. In such circumstances, the Office of the Treasure rwill calculate the interest amount earned in the account and Post-Award will ensure that such interest is used in accordance with the award document and the sponsor’s regulations.

Published on 2010-11-24

Administrative Oversight & Contact Information

Related Subjects

• Grants (Financial) Management
• Research

Departments

• ORED (Post-Award)