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Grant Submission Process
Cost Sharing
Cost sharing or matching funds are cash or in-kind commitments from the Univers
ity or a third party for which the University is responsible for tracking. Cost share is only appropriate when mandated by a sponsor with such a mandate in writing in the proposal guidelines. When cost share is required, in-kind services such as time and effort of faculty or cost shared indirect costs must be used before cash is committed. If a third party is contributing, a letter of commitment from an authorized official of the third party must be given to ORSP before endorsement will be given to a propos
al. Each party at OHIO committing the cost share must sign off on the transmittal form before ORSP approval will be given. In addition, should a university cash match be used, a valid university account number must be provided.
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DON'T FORGET: Cost share is only appropriate when mandated by a sponsor with such a mandate in writing in the proposal guidelines. When cost share is required, in-kind services such as time and effort of faculty or cost shared indirect costs must be used before cash is committed. |
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