Spending Grant Funds

One of the most important aspects of grant administration is the proper expenditure of funds. It is imperative to abide by sponsor and University guidelines that specify which expenses should be listed as direct costs and which should be reimbursed through indirect cost recovery, and that also specify which expenses are unallowable charges on a given grant. 

While Research Portfolio Managers play a key role in day-to-day financial oversight, Principal Investigators (PIs) are ultimately responsible for both the technical and financial management of their awards. PIs and their research administrative staff should all be aware of the cost principles which determine the appropriateness of listing an expense as a direct charge on a sponsored award: 

  1. Allowable - allowable under both the provisions of federal guidance and the terms of a specific award
  2. Allocable - the expense can be associated with a project with a high degree of accuracy
  3. Reasonable - the cost reflects what a prudent person would consider ordinary and necessary as a sound business practice at the time the cost was incurred
  4. Consistent - consistently charged as a direct cost versus an indirect cost

PIs should work closely with their Research Portfolio Managers to ensure all charges comply with sponsor requirements and Harvard policies.

Travel and Entertainment

Travel charged to sponsored awards must comply with the Harvard Travel Policy and any sponsor-specific rules. Federal sponsors may impose more restrictive limits on airfare class, lodging, per diem, or international travel. 

Travel picture

Unallowable Costs