Cost Sharing Policy and Procedures
Policy Number: 100-600-012 Academics and Research
Policy Title: Cost Sharing Policy and Procedures
Effective Date: April 3, 2007
Last Updated: April 3, 2009
Next Review Date:
Responsible Officers: Chief Financial Officer; Vice President for Research
Responsible Offices: Research Administrative Services (RAS); Office of Financial Analysis and Budget
Summary: Provides guidance on the allowable forms of cost sharing permitted by Howard University and all related entities, business units, subsidiaries and affiliated organizations, including Howard University Hospital; informs the community of the implications of non-compliance; establishes procedures to account for cost sharing commitments; and institutes procedures for documenting cost shared expenditures.
Keywords: cost-sharing, OMB, matching, direct costs, cash contributions, effort, F&A, facilities and administrative costs