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Cost Share Language for Subaward Agreements Detailed cost share requirements and related responsibilities are available on the Research Administration Cost Share Sitelet. This document contains the

How to fill out cost sharing and matching

How to fill out cost sharing and matching

1. Identify the project or program that requires cost sharing.
2. Determine the total cost of the project, including both direct and indirect costs.
3. Calculate the cost share percentage required by the funding agency.
4. Gather documentation for all proposed cost-sharing sources, including funds, in-kind contributions, and volunteer hours.
5. Complete the cost sharing form provided by the funding agency, ensuring all entries are accurate and supported by documentation.
6. Sign and date the cost sharing form to certify the accuracy of the information provided.
7. Submit the completed cost sharing form along with the funding proposal as per the agency's guidelines.

Who needs cost sharing and matching?

1. Non-profit organizations applying for grants that require matching funds.
2. Businesses seeking government contracts with cost-sharing provisions.
3. Academic institutions applying for funding that mandates cost sharing.
4. Research teams needing to demonstrate shared financial commitment with partners.

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What is cost sharing and matching?

Cost sharing and matching refer to the financial participation of a recipient organization in a project that is also being funded by federal funds. Cost sharing indicates that a portion of total project costs will be funded from resources other than the federal award, while matching means that funds or in-kind contributions are allocated to meet specific requirements set forth by the funding agency.

Who is required to file cost sharing and matching?

Organizations or entities that receive federal funding for grants or cooperative agreements are typically required to file cost sharing and matching documentation to demonstrate their contribution to the funded project.

How to fill out cost sharing and matching?

To fill out cost sharing and matching, recipients must identify and document their contributions to the project, categorize the costs (cash or in-kind), ensure compliance with the funder's requirements, and report this information using the appropriate templates or forms provided by the funding agency.

What is the purpose of cost sharing and matching?

The purpose of cost sharing and matching is to ensure that recipients have a personal stake in the project, enhance the commitment of the organization to the project, provide leverage for federal funds, and demonstrate accountability in the use of public resources.

What information must be reported on cost sharing and matching?

The information that must be reported includes the type and amount of cost sharing or matching funds, source of funds, documentation of in-kind contributions, and any other required financial reports to substantiate the contributions to the project.