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not identified/requested and approved at time of proposal, the request may be denied or the proposal administratively withdrawn resulting in loss of funding.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.