NSF Grantees Now Must Submit Program Income Worksheet

March 7, 2014 | By Jerry Ashworth | Post a Comment

nsf1Recipients of grants from the National Science Foundation should be aware that the agency recently revised its Grant General Conditions, along with some of its other key grants policies. The revisions, effective Feb. 24, 2014, aren’t overly extensive, but they do include a significant change related to program income.

The GGC states that on an annual basis, awardees are required to submit a program income reporting worksheet to NSF to report on any active awards during the previous federal fiscal year. The first report is due to NSF no later than March 31, 2014 (that’s three weeks away!), and covers the period of Oct. 1, 2012 through Sept. 30, 2013. Each year thereafter, awardees will be required to submit the worksheet by Oct. 31 to report the amount of program income earned and expended during the previous federal fiscal year, or to validate that program income was not earned or expended for any active awards during the applicable period. The worksheet and related instructions are available through Research.gov.

NSF then adds, and this is important, “failure to report program income or to validate that no program income was earned or expended could result in suspension of future award payments.”

NSF has also included this provision in updated versions of its Proposal and Award Policies and Procedures Guide, Administration of NSF Conference or Group Travel Grant Special Conditions, and International Research Terms and Conditions. NSF grantees should make sure to consistently check with the agency to ensure they are complying with the latest agency requirements.

Do you have an NSF grant? What do you think about the program income requirements?

 

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