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What happens if there is money left over at the end of the year? Can I request a carryover of funds?

April 26, 2017carryover funds happens Left money request year

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What happens if there is money left over at the end of the year? Can I request a carryover of funds?

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A. The funds awarded for any year must be spent in that grant year. You cannot automatically carry over these funds into a new budget period, and any funds remaining at the end of a budget period must be reported on the Financial Status Report (FSR). As a general rule, carryover of left over funds is not allowed.