The content displayed on this website requires that you upgrade your Flash Player
Click here to quickly and securely DOWNLOAD the latest Flash plugin.

ABAC Home       Future Students       ABAC Students       Alumni, Friends, & Visitors       Faculty & Staff

About ABAC       Academics       Athletics       Calendars       PSBO       Log In

Terms and Definitions

Terms and Definitions

Terminology used in the grant administration process and their definitions:

  • Chart String

    A series of five discrete numbers which identifies a budget unit for accounting purposes.

  •  Cost Sharing

    That portion of project costs that are paid for by the college. These costs may include the portion of salary (personnel) or non-personnel expenditures paid by the College from state funded or privately funded sources that are accounted for within a College account number.

    • Committed Cost Share can be either mandatory (required by agency) or voluntary cost sharing, matching, or   in-kind funds quantified in the proposal budget, budget justification, or stated in the awarding documents.

      Uncommitted Cost Share is voluntary cost sharing, matching, or in-kind funds not pledged in the proposal and subsequently not stated on award documents. This type of cost sharing is more than what is agreed to as part of the award. This is commonly referred to as voluntary uncommitted cost sharing and does not have to be documented or reported.

  • Direct Cost

    Expenses of a project that are paid for by the sponsoring agency.

  • Effort

    The percentage of time spent on an activity (i.e.: sponsored project, ABAC support, etc.)

  • Effort Reporting

    The required certification of time spent on a sponsored program and the matching payroll distribution.

  • Funding Cycle

    The time or budget period being funded shown on the grant award notice.

  • Indirect Cost

    The expenses incurred by the College in support of a sponsored project that cannot be directly charged to a specific project.

  • In-Kind costs are borne by an external organization.  Funds do not flow through the College’s financial system.  In-Kind matching is funding received from another source in conjunction with, or often on the condition of, additional primary funding.

  •  OCA Tracking Number

    The number assigned by the Office of Sponsored Programs to a submitted grant as part of the identification. It contains the date submitted and a control number for the year.

  • Principal Investigator/Project Director (PI/PD)

    The ABAC faculty or staff member responsible for the grant proposal and who will provide day-to-day management of the project.

  • Project ID

    The unique number assigned by the business office to identify a grant for a specific budget performance period.

  • Proposal

    A document submitted to a sponsor that outlines a specific grant or project and how the grant funding will be used.

  • Short Name

    The unique short title of a grant assigned to indentify it in the physical and electronic filing systems of the Office of Sponsored Programs.

  • Sponsored Program

    A grant, contract, cooperative agreement or sub-award that is externally funded, mission supported, institutionally approved, and specifically governed by a performance period, deliverables, and guidelines.

  • Sponsoring Agency

    The organization which will be funding the grant.