What is cost-sharing?
Cost-sharing is the commitment of university resources to support part of the costs of a sponsored project. It may take the form of release time (faculty salary and fringe benefits) to engage in the project, the purchase of supplies and equipment, or the acceptance of a lower reimbursement for indirect costs. The amount required and types of costs that are eligible for cost-sharing vary among sponsors and grant programs. Cost-sharing is either mandatory or voluntary. When ORSP signs off on a proposal, the source of the funds to be used for cost-sharing must be clearly indicated on the internal routing coversheet.
Related Questions
- Do the state and federal parity laws prohibit deductibles, co-payments and/or other cost-sharing elements being applied to mental health or substance use disorders?
- The Programme Manual informs that project partners must not contract each other, but that invoicing between project partners in case of cost-sharing is allowed?
- What rules protect Qualified Medicare Beneficiaries (QMBs) from bills for Medicare cost-sharing charges?