Cash Management

The Office for Sponsored Programs (OSP) Research Finance Cash Team provides University-wide support for all sponsored payments, including the federal Letters of Credit (LOC), incoming sponsor payments by issued by check, wire, and Automated Clearinghouse (ACH). The OSP Cash Team’s primary responsibilities include:

  • Identifying sponsor payments via check, wire and ACH
  • Applying payments to outstanding receivables
  • Completing remittance information requests for sponsor payments
  • Processing Letter of Credit (LOC) drawdowns for federal awards