Undergraduate Freshmen Admission
International Student Admission
All Other Admission Types
Financial Aid and Scholarships
Net Price Calculator
College of Arts and Sciences
College of Health Sciences
School of Business
Only at Carroll
Center for the Humanities
Office of Sponsored Projects
Office of the Registrar
Campus and Student Life
Bookstore and Pioneer Shop
Community Service and Volunteering
Diversity, Equity & Inclusion
Military and Veterans
Residence Life and Housing
Things to Do on Campus
Transportation and Parking
Academic Advising Services
Counseling and Disability Services
Purpose and Mission
Host Your Event
Higher Education Act (HEA) Consumer Information
Areas of Need
Ways to Give
Old Main Society
Foundation and Corporate Relations
Honor Roll of Thanks
Bookstore and Pioneer Shop
Federal Grant Performance and Financial Monitoring-Reports
Federal Grant Performance and Financial Monitoring/Reports Policy
Responsible Office or Person:
Related Law & Policy:
Monitoring and reporting program performance
Principal Investigators (PIs) are responsible for oversight of activities supported by Federal grant funds. PIs must monitor activities under federal awards to ensure, i) compliance and, ii) that performance expectations are being achieved. The Grants Staff and the Business Office will assist PIs, but ultimate responsibility resides with the Principal Investigators.
PIs, as representatives of Carroll University, are responsible for the timely completion of all required reports by the grant.
Performance reports shall be submitted using federally approved forms and standards. Please consult the Grants Staff for assistance in obtaining these forms or interpreting the applicable standards. Current Federal standards require that reports provide:
A comparison of actual accomplishments to the objectives of the Federal award.
The reasons why established goals were not met, if appropriate.
Additional pertinent information including, when appropriate, analysis and explanation of cost overruns or high unit costs.
Events may occur between the scheduled performance reporting dates that have significant impact upon the supported activity. In such cases, PI or other appropriate University Official must inform the Federal awarding agency or pass-through entity as soon as the following types of conditions become known:
Problems, delays, or adverse conditions which will materially impair the ability to meet the objective of the Federal award. This disclosure must include a statement of the action(s) taken, or contemplated, and any assistance needed to resolve thesituation.
Favorable developments which enable meeting time schedules and objectives sooner or at less cost than anticipated or producing more or different beneficial results than originally planned.