Federal Grants Advance Payments and Reimbursements Policy

Responsible Office or Person: Business Office
Related Law & Policy: CFR 200.305


It is the policy of Carroll University to use the Reimbursement Method, per 2 CFR 200.305(b)(3), for payments on federally sponsored awards unless the Advanced Payment Method, per 2 CFR 200.305(b)(1), is specifically required by the sponsoring agency.


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