Office of Sponsored Programs Matching, Cost Sharing and In-kind
Matching is a specific type of cost sharing or in-kind, typically used when a sponsor requires the grantee to "match" the sponsor funding according to a specified ratio. ( OMB Circular A-110 ) Office of Sponsored Programs
Matching Cost Sharing In-kind Office of Sponsored Programs
Mandatory Cost Sharing: Mandated by the funding agency. Ex: 50/50 Match Must be tracked and documented. Voluntary Cost Sharing: Not required, but offered to accurately reflect the level of effort required for the project. Will become mandatory if funding is approved, and then it must be tracked and documented. Office of Sponsored Programs
Criteria Must be verifiable Memos from Dept. Head, Dean, contributing organizations Invoices Must be allowable under A-21 cost principles Must be provided for in the approved budget or proposal Cost must be incurred during the same term of the award Must not be included as cost sharing on any other projects/programs Office of Sponsored Programs
Salaries and fringe benefits Travel Equipment Office/classroom space ($15 per square feet of space) Supplies Project costs funded by other nonfederal grants or contracts In-kind contributions donated by third parties Office of Sponsored Programs
Matching must be approved prior to submitting any matching required proposals The Department Head The Dean The VPAA The Vice President for Business & Finance Matching must be kept at a fairly reasonable level to prevent placing a burden on institutional resources Office of Sponsored Programs