Cost Sharing

Official university administrative policy

Policy Information

Cost Sharing

Effective

July 1 2004

Number

RES 2 02

Applicability

This policy applies to the University Community administrators faculty and staff

Administrative Authority

Executive Vice President for Research and Innovation

Responsible Unit

Sponsored Programs Administration
J.D. Nichols Campus for Innovation and Entrepreneurship
Louisville, KY 40292
Phone: 502-852-3788
Email: ospa@louisville.edu


History

Revision Date(s): July 1, 2004; August 15, 2012; December 3, 2013; May 3, 2016; February 19, 2021

Reviewed Date(s):


Categories

Statement

Committed cost share requires an approved transfer of funds, from a departmental general fund program or otherwise unrestricted source, to a cost share speedtype that corresponds to a related sponsor-funded grant. The cost share speedtype must also have a budget established that agrees with the cost share commitment.

Related Information

Deans, Directors and Department Heads

Approval/provision of an unrestricted funding source to be used for cost sharing.

Institutional Officials

The Office of Sponsored Programs Administration (OSPA) is responsible for oversight of the appropriateness of the cost share speedtype provided; establishment of new Chartfield/speedtype.

Administrative Offices

Departmental administrative office is responsible for submission of related forms and the transfer of funds.

VIOLATIONS OF THIS POLICY (IF APPLICABLE)

If cost sharing is required by the sponsoring agency but not identified/requested and approved at time of proposal, the request may be denied or the proposal administratively withdrawn resulting in loss of funding. If cost sharing is committed but not required by the sponsoring agency and is not requested and approved at time of proposal, the request may be denied by the EVPRI resulting in additional financial burden for the department.

Definitions

The definition of cost sharing appears in Chapter 3, Section 7 of the Research Handbook.