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.