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Research Administration & Finance Tip of the Week No Cost Extensions Grants and Cost Reimbursable Contracts While sponsors expect Principal Investigators (PI's) to complete projects by the stipulated
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What is no cost extensions grants?
No cost extensions grants allow organizations to extend the period of performance of a grant without requesting additional funds from the funder.
Who is required to file no cost extensions grants?
The grantee organization is typically required to file for a no cost extension grant.
How to fill out no cost extensions grants?
To fill out a no cost extension grant, the grantee organization must typically submit a request to the funder outlining the reasons for the extension and the new end date of the grant.
What is the purpose of no cost extensions grants?
The purpose of no cost extension grants is to provide flexibility to grantee organizations that may need additional time to complete the work funded by the grant.
What information must be reported on no cost extensions grants?
No cost extension grants often require information such as the reason for the extension, the revised end date of the grant, and any changes to the scope of work or budget.
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