Is the Primary Institution required to hold receipts?
No, the Primary Institution is not required to hold original receipts from the Secondary Institution. The Primary Institution is responsible for consolidating the financial statements (forms 300) from the Secondary Institutions into one Form 300 for each grant, to be submitted to the Agencies for each grant. Secondary Institutions are responsible for retaining receipts for their grant or award expenditures. Primary Institutions must be able to access receipts from non-eligible Secondary Institutions if requested by the Agencies.
Related Questions
- If I have attended multiple colleges and transfer credit is listed on the transcript of my primary institution, do I need to send a transcript from each school?
- If I have attended multiple colleges and transfer credit is listed on the transcript of my primary institution, do I need to send a transcript from each school?
- The primary focus of the institution, is it rehabilitation, medical management or respite care?
- How long does the employer hold employees’ submitted claims and receipts?
- How long does the employer hold employees’ submitted claims and receipts?
- Is the Primary Institution required to hold receipts?
