Cost Sharing May 15 2013 Cost SharingMatch Total

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Cost Sharing May 15, 2013

Cost Sharing May 15, 2013

Cost Sharing/Match Total cost of the project minus Sponsor Award equals Cost sharing is

Cost Sharing/Match Total cost of the project minus Sponsor Award equals Cost sharing is any additional costs beyond what the sponsor provides to support a project. Cost Share

Cost Sharing Per OMB is the Office of Budget and Management and their rules

Cost Sharing Per OMB is the Office of Budget and Management and their rules dictate cost principles and how we do business.

Cost Share Categories Mandatory Voluntary Required as a condition of eligibility or award Offered

Cost Share Categories Mandatory Voluntary Required as a condition of eligibility or award Offered by project director; not required by sponsor.

Voluntary Committed • If cost share is in the budget and submitted to the

Voluntary Committed • If cost share is in the budget and submitted to the sponsor, then it’s a part of the award. • We do not “uncommit” once the award has been issued.

Voluntary Uncomitted Anything more than what was originally committed and budgeted for in an

Voluntary Uncomitted Anything more than what was originally committed and budgeted for in an award.

Examples of Cost Share • Equipment or supplies purchased by UNI for the project

Examples of Cost Share • Equipment or supplies purchased by UNI for the project • Additional faculty or staff time • Program income, if allowed by the sponsor and used to purchase items for the project

Cash Contributions If the value is the result of a cash transaction the cost

Cash Contributions If the value is the result of a cash transaction the cost share should be treated as a cash contribution.

In-Kind Contributions In-kind contributions are those wherein a value can be readily determined but

In-Kind Contributions In-kind contributions are those wherein a value can be readily determined but where no actual cash is transacted, such as volunteer labor.

Where Do You See Cost Share?

Where Do You See Cost Share?

Cost Share on the PRAF

Cost Share on the PRAF

Cost Share on the Budget Item Sponsor Share Match/Cost Share Total Salary/Fringe $50, 000

Cost Share on the Budget Item Sponsor Share Match/Cost Share Total Salary/Fringe $50, 000 $0 $50, 000 Travel $0 $3, 000 Supplies $240 $4, 760 $5, 000 Other (Tuition) $5, 000 $10, 000 F & A (31. 5%) $17, 401 $4, 019 $21, 420 $72, 641 $16, 779 $89, 420

Cost Share on the NSPA BUDGET INFORMATION Direct Costs. . . Indirect Costs. .

Cost Share on the NSPA BUDGET INFORMATION Direct Costs. . . Indirect Costs. . . Cumulative Notification Authorization $4, 644. 00 $2, 948. 00 $0. 00 $7, 592. 00 $4, 300. 00 $344. 00 Gen. Fund. . . $2, 948. 00 Non-Gen. Fund. . . $0. 00 Total project = $7592 Amt. of This Sponsor portion = $4644 UNI portion = $2948

Reporting UNI Cost Share

Reporting UNI Cost Share

Reporting Third Party Cost Share

Reporting Third Party Cost Share

Cost Share CANNOT Be: – Anything that is not an allowable cost – Federal

Cost Share CANNOT Be: – Anything that is not an allowable cost – Federal to federal – Undocumented/not certified – Used for two projects – Any costs that are included in Facility and Administrative costs recovery (F&A)

And Finally… The project director is responsible for: – Verifying cost share at budget

And Finally… The project director is responsible for: – Verifying cost share at budget stage – Identifying cost share during the project – Certifying cost share on cost share reports

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