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Office of Research Administration
ORA0203: RESIDUAL FUNDS POLICY
ORA0203.01Definition of Residual FundsResidual funds are defined as an obligated, unspent balance remaining in a sponsored program
account
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01
Start by gathering all the necessary information and documents required to fill out the ora-02-03 residual funds policy.
02
Carefully read through the policy document to understand the guidelines and requirements.
03
Fill out the policy form step by step, following the provided instructions.
04
Provide accurate and up-to-date information regarding the residual funds and their management.
05
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06
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Who needs ora-02-03 residual funds policy?
01
Any individual or organization that deals with residual funds can benefit from ora-02-03 residual funds policy.
02
Financial institutions and banks that have unclaimed funds or residual balances can use this policy to manage and distribute the funds.
03
Government agencies or departments that handle residual funds from various sources can implement this policy for effective utilization.
04
Non-profit organizations and charities that receive residual funds can adhere to this policy to ensure transparency and proper management.
05
Individuals who have unclaimed or residual funds, such as inheritances or refunds, can follow this policy to understand their rights and options.
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