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Exactly what is a sponsored program?

April 26, 2017program sponsored

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Exactly what is a sponsored program?

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A. A sponsored program is an activity which receives external support that carries with it conditions regarding the expenditure of funds, such as requiring a tangible (e.g. a written report) or intangible end product, or obligating the University to return support if project objectives are not realized. In contrast, a gift is support which has no stipulations of this kind and can be used by the institution as agreed upon with the donor. (See the related diagram on the OSPR web site.