LSA RAIN Awards Day One Cost Sharing and Effort December 9th, 2015

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Presentation transcript:

LSA RAIN Awards Day One Cost Sharing and Effort December 9th, 2015 Presenter: Peggy Westrick

What is cost sharing: Mandatory— Voluntary What is mandatory When can I even cost share anymore? Voluntary when and how to show? Using PAF for UM Commitments

Why would I cost share: I could get additional University funds to support my project. If I use in-kind faculty salary I can keep better track of faculty effort/availability.

Why wouldn’t I cost share I have to spend these funds the same way as the sponsor says I have to spend their funds Have to track them separately

Things to consider: At Proposal stage? At Award? At Close-out? Using eGIF Using eRPM Time to deadline Requirements from sponsor At Award? When to request Did budget get cut Is it effort At Close-out? Did I meet the requirement

Who approves cost sharing: At Department? Faculty member should weigh options and decide if their RESIN funds and the department’s support makes up 1/3 of the request. At College? Use eGIF and route two weeks prior to sponsor deadline. DivAD reviews and decides. At University? College helps request from UMOR if at or over $30K by using eGIF.

General Cost-Sharing

General Cost-Sharing

General Cost-Sharing

Training Grant Cost-Sharing

Training Grant Cost-Sharing

Training Grant Cost-Sharing

Industrial Cost-Sharing

Industrial Cost-Sharing

Industrial Cost-Sharing

Cost sharing Academic Year Effort: Why do it? What if funds from sponsor are cut, how to move AY effort to Cost sharing? Making sure it is tracked. Summer no funds to cost share available