The Grants and Contracts Office is responsible for
monitoring all fiscal activities relating to grants/contracts. All
post activities are monitored to ensure compliance to federal, state,
private, and university guidelines.
The Grants and Contracts Office will review and approve all proposals and contracts
prior to submission to authorized representative and funding agencies. This
office will work with faculty and staff in preparing a budget that conforms
to all federal, state, private, and university regulations.
Post Award Administration/
New Accounts/Budget Setup
The Grants and Contracts Office must receive copies of all award documentation
(notification of grant awards, contracts, letter of agreements, etc.). Upon
receipt of the award documentation, the Grants and Contracts Office will review
the documentation, grant terms and condition, and other information necessary
to establish a Restricted Account. An account will be created and the budget
approved by funding agency will be set up.
Financial Compliance and Reporting
All Expenditures on grants/contracts are processed through Grants and Contracts.
The Grants and Contracts Office will verify for allowable expenditures, availability
of funds, and appropriate signatures. All expenditures should be in line with
funding agency guidelines and university policies.
The Grants and Contracts Office will process all journal entries, receipts,
direct deposits, and budget changes necessary on Restricted Accounts. This
office will process all invoices, draw down of funds, and all financial reports
to funding agencies. This office will ensure Compliance with all applicable
regulations.
Project Assistance
The Grants and Contracts Office will provide training and support to all personnel
in budget preparation, understanding policies, procedures and other related
issues. The Grants and Contracts personnel will answer question and provide
information to Principal Investigators and other departmental staff in order
to safeguard project funds and maximize cash flows. Information will be provided
in a prompt, accurate and cordial manner.