Advance Account Monitoring

Departmental research administrators should monitor all awards (AWDs) in an Advance Account state and alert the Office of Sponsored Programs (OSP) as soon as an anticipated award is received so that the award can be reviewed and formally accepted by the University.

Advance accounts are intended to be temporary states in MyFunding and used when an award is known to be forthcoming. If the University does not in the end receive an award, or if the award has a different budget total or project period than expected, the Department is responsible for covering any expenses incurred on the Advance Account not reimbursed by a sponsor.

For more information about Advance Account requests, visit the OSP website.

Date

Friday, September 15, 2023