What is the easiest payment option?
The easiest payment option is leaving the administration of the funds to the University. This entails the creation of a Banner organization number that will house your funds. Each time you submit necessary paperwork (e.g. a Purchase Requisition to purchase supplies and materials totaling $100.00 and over; an Honorarium Request Form or Personal Service Agreement for a consultant and/or guest speaker, etc.) the amount you specify for a given purpose will be charged to your Banner organization for your respective grant. No hassle with taxes. Other payment options (applicable only to CSU Research Grants, Curriculum-Related Activities Grants and Minority Recruitment and Retention Grants) include a lump sum payment for supplies and materials and/or a stipend.
