New Policy: HOP 7-1240 Designating External Support as Gift or Sponsored Award

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Published:
March 27, 2024

New Policy: HOP 7-1240 Designating External Support as Gift or Sponsored Award

This policy outlines responsibilities and procedures for distinguishing between gifts and sponsored awards in accordance with the regulatory framework. As a governmental unit, the University must properly determine whether external funding is a gift or a sponsored award in order to appropriately track, expend and report on the funds, as well as ensure all applicable non-financial compliance needs are met.

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New Policy