We have a voluntary cost-share account in which the administration has committed to making a set annual contribution.

Are we obliged to spend that entire amount annually? Or, are we allowed to rollover any unused funds as long as we spend them before the end of the grant (5 years)? We would like to hold onto the funds as much as possible to spend on a large piece of equipment at the end of the 5 years.

The funds were committed in  a letter from the administration included in the application – not included in the budget.
The funds are specifically designated to cover “any unforeseen expenses” related to the project.

Thanks for any thoughts on this,

Heather Goulding
Program Manager
Integrative Neuroscience
Center of Biomedical Research Excellence (COBRE)
Dept of Psychology / University of Nevada, Reno
Reno, NV 89557
775-682-8695
xxxxxx@unr.edu
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