Once a grant is completed the funds that were created as part of accomplishing the proposal’s goals and objectives will need to be closed. As part of this process, the Office of Sponsored Programs (OSP) will examine the after end date expenditures and recommend the removal of any expenses that would not be allowable. Business Services would effectuate the changes needed to remove the un-allowable charges from the funds. Once those expenses are removed and final payment is received then fund can be closed and the grant will be completed.
In many cases, final payment will not be sent until the funder receives both the final financial report AND the final programmatic report. OSP will provide the financial reports for the grant throughout the life of the grant and at its close; it is the responsibility of the researcher to ensure that their programmatic report is submitted on time. Failure to do so may result in that researcher being banned from further funding from that funding source as well as banning the School from receiving funds from that agency.