The average processing time to establish a new UDAK is approximately two days. Inaccurate data on the CAMR form. It should be noted that Financial Reporting will only establish the required structures on Tuesday and Thursday of each week. Therefore, when a CAMR form contains errors it could easily add a week to the processing time. Cost Sharing represents the use of institutional funds to supplement project costs not supported by the sponsoring agency.
Cost sharing can either be mandatory or voluntary.
Mandatory cost sharing is cost sharing required in the official award agreement received by the Office of Research Sponsored Programs. Some sponsored projects require that the University participate to some extent in the total cost of the project. Therefore, a cost sharing commitment should only be made when required by the sponsor or by the competitive nature of the award and to cost share only to the extent necessary to meet the specific requirements of the sponsored project. In either situation, cost sharing should be explicitly quantified in the proposal budget and it will become the basis for the sponsor's award. Voluntary cost sharing is that cost sharing which is not required by the award notice, but subsequently contributed by the University.