Sponsored accounts must be reviewed on a monthly basis in accordance with IU Policy. Any costs transfers must be completed in a timely manner, as well as properly justified in order to ensure their allowability and allocability.
All cost transfers must include a reason for the cost transfer and a justification of how the expenditures benefited the sponsored project.
Cost transfers for all federal and federal pass-through sponsored awards, including corrections to salary costs, must be initiated and routed to ORA within three months following the month in which the cost was first incurred.
- Cost transfers initiated in Months 1 through 4 do not require ORA Cost Exception Committee review
- Cost transfers initiated after Month 4 require ORA Cost Exception Committee review
- Please note that cost transfers initiated during the project confirmation period may change project statement status. Please refer to Project Confirmation in ECC.
To find additional information or to initiate a late cost transfer request please visit the ORA Cost Transfer webpage.