New Advance Procedure

New Advance Procedure

To support the timely establishment of advance accounts, SRA and FSURF will no longer require colleges and departments to identify a backing account with sufficient funding to cover the direct costs of an advance request.

Colleges and departments remain financially responsible for expenditures incurred on an advance account if the anticipated award is not received or fully executed.

The following resources have been updated:

A new Considerations for Requesting and Approving Advances guidance document is available in the Research Forum on the Award Administration discussion board. This document was created to assist PIs, Department Research Administrators, Chairs, and Deans in determining whether an advance request is appropriate.

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