Budgeting Policy for Sponsored Program Awards

Policy Statement

It is the policy of Adelphi University that all costs proposed or incurred on sponsored projects comply with sponsor terms and conditions, Adelphi policies and procedures and applicable Federal, state and local regulations. At Adelphi, the Office of Research and Sponsored Programs works closely with Principal Investigators (PI’s) and Grants Accounting to develop sponsored program budgets.

Reason for Policy

The purpose of this policy is to provide basic guidance to PI’s and their staff in development of sponsored program budgets that are in compliance with sponsor requirements and University policy.

Who Is Governed by this Policy

Faculty and Staff

Policy

In Grant Administration | FARG | Adelphi University Intranet refer to “Budget and Expenditure Monitoring”

New Budget

All grant applications are required to have a budget, which should be prepared by the Grants Accounting in conjunction with the PI and Director of Research and Sponsored Programs. If a Budget has already prepared, Grants Accounting should review and approve before an application for a new grant is submitted, this will ensure that all costs proposed or incurred on sponsored projects will comply with sponsor terms and conditions, Adelphi policies and procedures, and applicable Federal, state and local regulations.

Definitions

This policy does not have definitions associated with it at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.

Forms

This policy does not have forms associated with it at this time. Upon periodic policy review this area will be evaluated to determine if additional information is needed to supplement the policy.

Related Information

N/A

Document History

• Policy Origination Date: Not known
• Last Reviewed Date: July, 2024
• Reviewed by: Policy Owner and Policy Experts
• Last Approval Date: August 2024

Who Approved This Policy

Executive Leadership