Institutional Cost Sharing on Sponsored Grant Agreements
Effective Date: March 1, 2011
Last Reviewed: July 1, 2015
Review by: January 1, 2016
This policy provides guidance on the circumstances under which cost sharing is permitted and the responsibilities of the college, the school Dean(s), the academic department Chairperson(s) and the Principal Investigator in situations where Meharry Medical College makes a cost sharing commitment to the sponsor. This policy applies to all sponsored agreements.
Cost sharing occurs whenever the College bears a portion of the total project costs of a specific sponsored agreement. Cost sharing utilizes departmental or school resources to partially support an externally sponsored project.
Once awarded, an agreement to cost share represents an obligation of the college to provide the stated services or assets during the performance of the project. This obligation is binding and subject to audit regardless of whether the cost share is mandatory or voluntary committed.
You can view the full policy to the right or by clicking here.