Financial contribution by the grantee (University) to fund a portion of a sponsored project. The cost share is the difference between the effort (or other costs) funded by the grant or contract and the additional amount of effort expended. See also GIMi 21.
Types of Cost Sharing
- Mandatory Cost Sharing - University contibutions to the sponsored project that are required as a condition of the award (normally, but not always, Federal) and which were agreed to between the University and the sponsor prior to the awarding of the grant or contract. This is printed on the FEC and includes the proposed amount agreed upon when the grant or contract was executed.
- Committed - University contributions to the sponsored project not required as a condition of the award but included in the grant/contract proposal budget or budget justification with no corresponding funding requested or awarded. This budget number is printed on the FEC and includes the percent offered in the proposal.
- Aggregate Cost Sharing - University contributions required by the National Science Foundation (NSFi) to fulfill the requirement that the University provide one percent (1%) contribution (cost sharing) on the total of all unsolicited NSF funding. NSF is eliminating both program specific cost sharing and the 1% statutory cost sharing requirement on unsolicited proposals. These changes will be reflected in the terms and conditions of new awards or supplements issued after June 1, 2007. Awards issued before June 1st will continue to carry the 1% requirement or may have program specific cost sharing requirements that must be met.
- Salary Cap Cost Sharing - University contribution required by the National Institutes of Health (NIHi), the Substance Abuse and Mental Health Services Administration (SAMHSA) and the Agency for Healthcare Research and Quality (AHRQ) for faculty with salaries in excess of the salary cap applicable to the particular federal fiscal year. For effort reporting, the FEC will reflect the cap in effect during the period of expenditure.
- K Award Cost Sharing - NIH Career Development Awards, or K Awards, are intended to provide support and protected time for new faculty to develop research skills. Because the effort requirements are high and salary recovery is limited, cost share may be necessary to complete the 75% effort requirement.
- Voluntary Uncommitted Cost Sharingi - Effort that was not required by the sponsor nor committed on the budget page or budget justification of the proposal (i.e. it is not mandatory or committed cost sharing). Include this type of effort with other non-grant activities on the FEC.
Cost share other than faculty effort (e.g. professional staff, supplies, travel, etc) should be reported directly to Grant and Contract Accounting.