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BUSINESS POLICIES AND PROCEDURES MANUAL SPONSORED AGREEMENTS 40.36.1 Revised 12-04 Sponsored Programs Services 335-2058 Cost Sharing Effort OVERVIEW Certain federal sponsors require that the University

(The percentages may not be the same for different programs.) No particular program is required to pay the full cost of a project. However, if one or more participating faculty members are not paid at a rate that would be customary of their position at the University, then University cost sharing may apply. (Cost sharing is not permitted if the University is the funder or sponsor of a project.) Cost sharing must be in proportion to the benefit of the project to the sponsor. It is not a condition of sponsoring a program that the project be the responsibility of the University or a specific faculty member. It is not a condition of participating in the sponsored program that you be paid for the work of your fellow faculty. Cost sharing must not be applied in the same context as salary or salary adjustments. Cost sharing is a benefit within the program. It does not result from an agreement between departments or units, but rather is an independent consideration to be taken into account only after the review of program purpose and financial management and budget. If two or more individuals are participating in the sponsored research project, and they are paid at different rates for the same project, a University cost sharing percentage may not be applied to the salary, fringe benefits, or the cost of the project. For example: If a faculty member is paid 30,000 a year, or 100,000 over five years, all are expected to apply the full 30,000 to the project. However, if he is paid 13,000 a year, or 80,000 over five years, one faculty member cannot deduct all the pay of the other. If two different departments wish to sponsor the same research project, and one asks for the full rate, and the other asks on a contractual basis for more of the financial support, then, of course, neither department must pay the full rate. If a single faculty member or professor is asked to participate in two separate and substantially different sponsored research programs, then the cost-sharing percentage may be applied at the discretion of the director. For example, if a Department of Mathematics asks that the director agree to pay the full cost of a supervised research project for the purposes of the sponsoring activity, and an additional research project is sponsored by an unrelated department, then the Director is responsible for determining the cost-sharing percentage for the Department of Mathematics. If there are two separate research projects sponsored by the same faculty member, then the cost-sharing percentage may not be applied to the second project.

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What is cost sharing - wsu?

Cost sharing is a financial requirement in which Washington State University (WSU) and an external funding source share the cost of a project. It is typically a percentage of the total project cost that WSU agrees to contribute.

Who is required to file cost sharing - wsu?

Cost sharing - wsu is typically required for projects that receive external funding, such as grants or contracts. The specific requirements for cost sharing may vary depending on the funding source and the terms of the agreement.

How to fill out cost sharing - wsu?

To fill out cost sharing - wsu, you would need to gather the necessary financial information related to the project and determine the cost sharing percentage agreed upon. This information can then be reported in the appropriate forms or documentation required by the funding source and WSU's financial office.

What is the purpose of cost sharing - wsu?

The purpose of cost sharing - wsu is to demonstrate WSU's commitment to a project and to ensure that there is a shared financial investment between WSU and the external funding source. It can also help leverage additional funding opportunities and support the overall sustainability of the project.

What information must be reported on cost sharing - wsu?

The specific information that must be reported on cost sharing - wsu will depend on the funding source and the terms of the agreement. Typically, the cost sharing amount, funding source, project details, and any supporting documentation will need to be reported.

When is the deadline to file cost sharing - wsu in 2023?

The deadline to file cost sharing - wsu in 2023 will depend on the specific project and funding source. It is important to refer to the project agreement and any related deadlines provided by the funding source and WSU's financial office.

What is the penalty for the late filing of cost sharing - wsu?

The penalty for the late filing of cost sharing - wsu will depend on the specific policies and procedures of the funding source and WSU. It is important to adhere to the agreed-upon deadlines to avoid any potential penalties or negative consequences.

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