I am having a debate with our Business Office on the use of recovered indirect
cost.  We give percentages to the PI, his or her department and also use a
percentage for matching funds for other grants.  Our Business Office insists
that we must spend this money on a fiscal year basis.  They are saying that it
comes in as unrestricted money and therefore cannot be rolled over.  I do not
agree with this opinion but, since I am not an accountant, I would like to
hear from some others about this matter.  I would appreciate knowing the
policy at your institution.  I'll post a summary to the list if you want to
reply directly to me.

Thank you so much!!

Jenny H. Bradley
Director of Academic Grants and Foundation Relations
Roanoke College
221 College Lane
Salem, VA   24153

(540)375-2409
(540)375-2026 (fax)

xxxxxx@roanoke.edu

Jenny H. Bradley
Director of Academic Grants & Foundation Relations
Roanoke College
221 College Lane
Salem, VA  24153
(540) 375-2409
(540) 375-2026 (fax)
xxxxxx@roanoke.edu

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