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Office of Research SUBJECT: Advance Time and/or Funding for New or Existing AwardsEffective date: 07/01/2022 Supersedes:Standard Operating Procedure Number: 0R03001 Page of 1 5Responsible Authorities:
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Who needs advance time andor funding?
01
Individuals or organizations who require financial support for a specific project or activity
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What is advance time and/or funding?
Advance time and/or funding refers to receiving payment or resources before they are actually needed or used for a specific purpose.
Who is required to file advance time and/or funding?
Individuals or organizations who receive advance time and/or funding are required to file it.
How to fill out advance time and/or funding?
To fill out advance time and/or funding, you need to accurately report the details of the payment or resources received in advance for a specific purpose.
What is the purpose of advance time and/or funding?
The purpose of advance time and/or funding is to ensure that funds or resources are available when needed for a specific purpose or project.
What information must be reported on advance time and/or funding?
Information such as the amount of advance payment or resources received, the purpose for which it was received, and the date of receipt must be reported on advance time and/or funding.
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