Mandatory Cost Sharing: Cost sharing due to a written requirement of the grantor and the ability to apply for and receive the award is contingent upon the campus’ willingness to comply with this requirement. In-Kind contributions may also include the cost share borne by the grants subcontractor. An in-kind contribution’s value is considered to be what the cost to the University would have been if the University had paid for the item or service itself. In-Kind Contributions: Project costs represented by services, equipment, real property or the use thereof that is donated by sponsors other than the grant award sponsor. Indirect Costs (also known as overhead or Facilities and Administrative (F&A) costs): Costs associated with conducting sponsored projects that are over and above the direct costs attributed to specific projects. ![]() Grantor (also known as Awarding agency or Sponsoring Agency): The entity giving the money for the proposed grant. Truman State University should be listed as the grantee, not the faculty/staff writing the grant proposal because they are the Project Investigator. Grantee: The entity receiving the money for the grant (i.e. Basic DefinitionsĪllocable Cost: A cost is allocable to a sponsored agreement if it is incurred solely to advance the work under the sponsored agreement it benefits both the sponsored agreement and other work of the institution, in proportions that can be approximated through use of reasonable methods, or it is necessary to the overall operation of the institution.Īuthorized Officials: The President and Executive Vice President for Academic Affairs of Truman State University are authorized to accept grant funding and waive indirect costs.Įffort: The amount of time spent on an activity and is expressed as a percentage of time.Įffort Reporting: Effort reporting is a purpose mandated by the federal government to verify that direct labor changes to federally approved projects/agreements are reasonable and reflect actual work performed. Therefore, all funds related to grants, regardless of source, shall be administered as University funds in accordance with State of Missouri law, Board of Governor policies and University policies and procedures. The University will ultimately be held responsible for the overall administration of funded projects. The project director/project investigator is held individually responsible by the University for the proper management of the grant and for meeting the objectives of the grant. Grants for approved research and sponsored projects are the fiscal responsibility of Truman State University and are awarded to the University. The policies shown here should establish responsibility and accountability during the grant program. ![]() This funding allows the University to carry out its objectives more adequately and to expand and enhance the variety of opportunities available in the University community. The faculty, staff and administration of Truman State University are encouraged to obtain external funding in the form of grants for various projects and programs.
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