What is NIH unobligated balance?

What is NIH unobligated balance?

Often Sponsors request Grant Holders to report on their estimated unobligated balance; that is, the estimated amount of unspent funds at the end of the current budget year (BY). Below is the language from the NIH Grants Policy Statement.

What does unobligated funds mean?

Unobligated balance means the amount of funds under a Federal award that the non-Federal entity has not obligated.

What is significant rebudgeting?

Significant rebudgeting occurs when expenditures in a single direct cost. budget category deviate (increase or decrease) from the categorical commitment level established for the budget period by 25 percent or more of the total costs awarded.

What is an NIH offset?

Offset – Unspent funds (unobligated) funds from a prior budget period are used to partially pay or offset new funds awarded in a current year NoA. Carry over – Unspent funds (unobligated) from a prior budget period are authorized to be used in a current year in addition to the original commitment.

What is no-cost extension?

What is a No-cost Extension? A no-cost extension (NCE) allows a grantee to extend the project period end date and budget period by up to 12-months for the sole purpose of completing grant activities. Keep in mind, NCE requests will not be approved for the sole purpose of using unobligated balances.

What Cost Sharing grant?

Cost Sharing is that portion of a total sponsored project’s costs that not borne by the sponsor. Cost Sharing can either be required by a sponsor as a condition of the award (Mandatory Committed) or it can be voluntarily pledged (Voluntary Committed) when it’s not a sponsor requirement.

What is an unobligated amount?

Unobligated balances are the amounts of budget authority that have not yet been committed by contract or other legally binding action by the government. • Obligated balances are the amounts of obligations already incurred (for example, contracts signed) for which payment has not.

What is unobligated time?

By Alison Clarke, Director of Community Recreation. Leisure is unobligated time or “free time.” It is an attitude or emotional state of mind that creates a positive experience and contributes to overall wellness. When physical or emotional challenges occur, activities once enjoyed are often not considered critical.

Can you increase effort on NIH grant?

Yes, there are no rules prohibiting increased effort for anyone supported by a grant, including the program director/principal investigator (PD/PI) and anyone else named in the Notice of Award.

Does NIH allow pre Award spending?

“When can I begin pre-award spending if my application is likely to receive funding?” For most grants, your institution can allow you to start spending money up to 90 days before your grant’s official start date for research within your approved aims.

Does NIH allow voluntary cost share?

The difference between the salary charged to NIH and the actual salary must be paid from a university unrestricted account. It is not, however, considered cost-share, as it is not an NIH allowable expense.

What is the NIH salary cap for 2020?

$197,300 $199,300
Salary Cap Summary (FY 1990 – Present)