Receiving a funding award is both an honor and a responsibility.
Acceptance of an award creates a formal agreement. Both the Principal Investigator (PI) and the Office of Sponsored Programs must review the terms of the award agreement before it may be signed.
No expenses may be charged to a sponsored project until the award has formally been accepted and an account number has been issued by the Business Office. Commitments to personnel or expenses made prior to formal institutional processing will not be honored.
The PI is responsible for all aspects of compliance with the grant agreement, federal regulations (when applicable), and Randolph College policy.
It is the duty of the College and the PI to be good stewards of all grant awards and funds. The Sponsored Programs Officer, Director of Finance and Budget, and Provost and Vice President for Academic Affairs assist the PI to ensure a positive grant management experience.
For more information, please contact the Sponsored Programs Office.