Missouri State > Sponsored Research and Programs > Competitive Budget > Fiscal Management
Office of Sponsored Research and Programs
Fiscal Management
The PI is authorized to expend project funds provided that the expenditures meet the terms of the sponsored agreement and comply with University’s requirements. Sponsors vary in the degree to which they allow funds to be moved between budget categories.
Projects awarded under federal “expanded authorities” generally allow wide latitude in how funds are spent, so long as the expenditures are reasonable, allocable to the project, and allowable.
Other sponsors are much more stringent in requiring their permission to move funds from one budget category to another (e.g., from personnel to materials and supplies). If there is a need to move significant funds among categories, the PI should contact the OSRP Office (836-5972) or the Grants and Contracts Office (836-5632) to determine whether or not re-budgeting requires sponsor approval.
Unauthorized transfer of funds between budget categories may result in costs being disallowed.
Request for approval to reallocate funds is to be submitted through OSRP (836-5972).
Projects awarded under federal “expanded authorities” generally allow wide latitude in how funds are spent, so long as the expenditures are reasonable, allocable to the project, and allowable.
Other sponsors are much more stringent in requiring their permission to move funds from one budget category to another (e.g., from personnel to materials and supplies). If there is a need to move significant funds among categories, the PI should contact the OSRP Office (836-5972) or the Grants and Contracts Office (836-5632) to determine whether or not re-budgeting requires sponsor approval.
Unauthorized transfer of funds between budget categories may result in costs being disallowed.
Request for approval to reallocate funds is to be submitted through OSRP (836-5972).