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28 results for "Program Income"

28 results for "Program Income"

Program Income

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Program Income is the income earned by an awardee that is directly generated by a sponsored activity or earned as a result of a sponsored activity. Program income must be identified, appropriately documented, and the resulting revenue and expenses...

Program Income Approval

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Sponsored projects or programs may generate income as a result of activities conducted as part of the project or program. The Office of Management and Budget (OMB) Uniform Guidance (2 CFR Part 200), Administrative Requirements, Cost Principles, and Audit...

Program Income Guidance

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Originally Issued: October 24, 2017 Last Revised: January 2026 Responsible Office: Office for Sponsored Programs (OSP) PDF version of Guidance on Program Income Reason for Guidance Office of Management and Budget (OMB) Uniform Administrative Requirements...

Program Income at Closeout

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The Department/Local Level Managing Unit is responsible for performing a final reconciliation of program income at the end of the award. Also, at the end of an award, and in conjunction with any reporting requirements, OSP Research Finance performs a...

Interest Income Paid on Non-Federal Sponsored Funds

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Originally Issued: June 20, 2018 Last Revised: April 22, 2019 Responsible Office: Office for Sponsored Programs PDF version of Interest Income Paid on Non-Federal Sponsored Funds Policy Statement Harvard University’s Office of Treasury Management (OTM)’s...

Cash Management

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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...

Policy and Guidance Updates Now Available

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Dear Research Administrators, We’d like to inform you of recent updates and new guidance posted to the OSP website. Updated Policies: Participant Support Costs Guidance Program Income Guidance NIH Public Access Policy (includes a new Sponsor Requirements...

OSP Policy Updates

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The Office for Sponsored Programs has released two updated policies: Policy for the Application of Indirect Costs to Sponsored Awards – The updated policy has been retitled to reflect the inclusion of all sponsor types: federal, non-federal/foundations...