Contact information

For more information on Cost-Share and Matching, contact by email or by phone at (309) 438-5694.

Links

OMB Circular A-110

University Policies, Procedures and Guidelines 7.4.6 Cost Sharing Confirmation Report

Cost Share or Matching Funds

Cost-Share and matching funds are contributions made to an award from other funds. The contributions must be for expenses that are necessary and reasonable to support the objectives of the award. It can only be from non-federal funds, must be allowable by federal regulations, cannot be used by more that one project, and must be auditable. This could include faculty effort, printing paid from departmental funds, etc.

Cost-share and matching expenses that are included in proposals become "required" cost-share/matching and have to be tracked and verified.

Departments and Principal Investigators (PIs) must track all required cost-share and be able to document it, if requested by the awarding agency or auditors.

A periodic Cost Share Confirmation report will be sent to the PI per agency and federal requirements, to verify non-payroll expenses. Cost-share/matching that is payroll-related is completed via the Time & Effort Report.