This type of sponsored project has fewer restrictions than a contract. Cooperative Agreements Agriculture research, extension, personnel exchange, testing, and consortium are types of cooperative agreements that the University has negotiated. The sponsor usually has substantial involvement in this type of award. Letters of Agreement Usually few restrictions, but requires specific research effort. Gifts A gift has no restrictions.
Cash is received at the time of the award.
Gifts are usually set up as 30 accounts unless they are for research. Research accounts, which have a receivable, or require a specific effort or a report of progress must be set up as a 26 account and will be administered by Contracts and Grants.