Skip to main content

Sponsored Programs

Sponsored Programs or Restricted accounts, once awarded through Research & Sponsored Programs, are established in Morehead State University's financial systems through the Office of Accounting and Financial Services staff.  Sponsored Programs support the research, instruction and outreach activities of Morehead State University.

The Office of Accounting and Financial Services, Sponsored Programs Accounting staff is committed to providing efficient and effective financial management and administration services for Sponsored Programs. We are dedicated to serving faculty, staff, administration, and external entities by providing relevant financial information that is accurate and timely. We further recognize our obligations to ensure compliance with university, state, and federal regulations while acting as prudent, conscientious stewards of Sponsored Program financial resources.

Our responsibilities include:

  • Reviewing proposal budgets for financial accuracy and compliance with University polices and guidance.
  • Establishing new Sponsored Program accounts.
  • Enforcing policies and procedures consistent with federal, state, sponsor, and University regulations.
  • Payment of financial transactions, making deposits for Sponsored Programs.
  • Preparing and submitting financial reports and invoices.
  • Providing assistance to project directors and personnel.
  • Closing out Sponsored Programs.
 
For more information, visit our Sponsored Programs FAQ.
 

Guidelines

Sponsored Program administration requires special attention and a great deal of work—but these projects help to support the research, instruction and outreach activities of Morehead State University. There are basic things to know in order to ensure a Sponsored Program is administered properly.

  • Work closely with Research & Sponsored Programs at the proposal level (pre-award) to budget your project appropriately and work to resolve any issues that may arise before your project has been awarded. Once your project is awarded it is more difficult to negotiate changes. 
  • Read your grant/contract paperwork carefully and ask questions before you begin work. 
  • Know when your project ends and keep track of your Sponsored Program account number. 
  • Understand your cost share commitment and document all transactions associated with it. 
  • Forms for reimbursement must be: 
    • Submitted in a timely manner.
    • Filled out properly.
    • Properly authorized.
    • Substantiated with proper documentation.
    • Submitted before the end date of the project.
  • Time and Effort reports are MANDATORY! Without them the University is not in compliance with federal regulations.
  • Morehead State University fronts the costs associated with most restricted Sponsored Programs and the funding agency reimburses MSU based on many rules and regulations. If any rule or regulation is not followed, the funding agency may not reimburse the University for the cost of the project.
  • The Project Director has the overall responsibility for the technical and fiscal management of the project, including managing the project with the funding limitations and notifying the sponsor of any significant change. 
  • The Project Director should be thoroughly familiar with the agency regulations applicable to each project under his/her control. Failure to comply with the terms and conditions of a grant or contract is grounds for project termination by the agency. 
  • The following practices are inappropriate for charging direct costs to a sponsored project: 
    • Assigning costs to projects in order to resolve an excess balance available on an project, this includes: 
    • Assigning large equipment expenditures at the end of a project. 
    • Increasing salary expenses on a project with an available balance when it is not consistent with the actual effort expended. 
    • Charging an expense exclusively to one award when the expense was used to support other activities. 
    • Assigning expenses to a project that is not identifiable to a specific item or service. 
    • Assigning charges to an award before the cost is actually incurred. 
  • All personnel requests must be submitted to the Office of Human Resources before work begins, including all student workers. 
  • Please contact the restricted Sponsored Program staff in Accounting and Financial Services, anytime the funding agency contacts you.