Santa Clara University

Sponsored Projects

Financial Policies and Procedures

Cost accounting and financial compliance for sponsored projects at Santa Clara University is dictated by the Code of Federal Regulations (CFR), Part 220, Cost Principles for Educational Institutions; Office of Management and Budget Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations; CFR, Part  215, Uniform Administrative Requirements for Grants and Agreements with Institutions of Higher Education, Hospitals, and other Non-Profit Organizations; and other specific sponsor requirements and regulations. Ensuring compliance with the financial terms and conditions of the sponsored award including compliance with federal and agency regulations and requirements is the responsibility of both the Principal Investigator and the Sponsored Projects Office. The intent of the our written policies and procedures are to assist in incorporating the requirements of CFR Part 220 and other federal regulations into the accounting and administration of sponsored awards at the University. The complete written policies and procedures are available here.