{"id":194,"date":"2025-12-03T14:53:04","date_gmt":"2025-12-03T19:53:04","guid":{"rendered":"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/?page_id=194"},"modified":"2025-12-09T13:52:38","modified_gmt":"2025-12-09T18:52:38","slug":"cost-transfer","status":"publish","type":"page","link":"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/cost-transfer\/","title":{"rendered":"Cost Transfer"},"content":{"rendered":"\n<div class=\"wp-block-columns sidebar is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:45rem\">\n<p class=\"is-style-intro\">A cost transfer is a procedure by which a cost originally charged elsewhere is moved to another account in order to allocate the cost properly.<\/p>\n\n\n\n<p>It is the expectation of Clark University that Principal Investigators (PIs) understand the importance of regularly reviewing their research accounts and ensuring that allowable costs are initially charged to their appropriate funding sources. It is the PI\u2019s responsibility to oversee the financial management of their project to avoid the need for cost transfers. However, in the cases where cost transfers become necessary, each one must be fully justified with appropriate documentation.<\/p>\n\n\n\n<p>Cost transfers typically may be necessary in the following cases:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>When an error occurred in the original charge including allocation to an inappropriate account or inappropriate allocation of an unallowable cost<\/li>\n\n\n\n<li>Where the cost benefits more than one sponsored agreement because the work is closely related such that the initial charge could have been made appropriately to the other sponsored account and the justification of the transfer is sufficient<\/li>\n\n\n\n<li>When pre-award spending appropriate under the guidelines of the\u00a0<a href=\"https:\/\/www.whitehouse.gov\/www-content\/uploads\/2017\/11\/Circular-110.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Office of Management and Budget (OMB) Circular A-110<\/a>\u00a0(Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations) occurred and those costs need to be transferred to the sponsored account<\/li>\n<\/ul>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary>Cost transfer policy and procedures<\/summary>\n<p>All cost transfers of expenses and\/or salaries should be completed immediately after the original transaction (when the charge was posted to the account), and are required to occur within 90 calendar days of the original transaction. The&nbsp;<a href=\"https:\/\/sites.clarku.edu\/business-docs\/download\/journal-voucher-xls\/\" target=\"_blank\" rel=\"noreferrer noopener\">Journal Voucher<\/a>&nbsp;Form should be completed and signed by the PI and forwarded to Grant Accounting.<\/p>\n\n\n\n<p>Answers to the following questions should be entered in the&nbsp;<em>Explanation<\/em>&nbsp;section of the&nbsp;<a href=\"https:\/\/sites.clarku.edu\/business-docs\/download\/journal-voucher-xls\/\" target=\"_blank\" rel=\"noreferrer noopener\">Journal Voucher<\/a>&nbsp;Form:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Why was this expense originally charged to the account from which it is now being transferred?<\/li>\n\n\n\n<li>Why should this charge be transferred to the proposed receiving account?<\/li>\n\n\n\n<li>How was the error discovered? What is being done to prevent this from recurring?<\/li>\n\n\n\n<li>If this request is being made after the required 90 day window: Why is this cost transfer being requested more than 90 calendar days after the original transaction?<\/li>\n<\/ol>\n\n\n\n<p>Full explanations are required in the justification and statements such as \u201cadministrative oversight\u201d or \u201cdid not know how to process the charges\u201d should be avoided and may result in the denial of the transfer request. Departments may be held responsible for charges that are deemed unallowable or not allocable to the sponsored account.<\/p>\n\n\n\n<p>Cost transfers over 90 calendar days will be highly scrutinized and will require the approval of your Department Chair and the Dean of Research. In these cases, the&nbsp;Journal Voucher should be completed and sent with appropriate documentation to the Office of Sponsored Programs and Research (OSPR) for review and signature by the Dean of Research.<\/p>\n\n\n\n<p>Please note that salary cost transfers require OSPR approval and may require a recertification of the PI\u2019s Time and Effort reporting. In these cases, the PI should contact OSPR for approval and to complete this recertification.<\/p>\n<\/details>\n\n\n\n<details class=\"wp-block-details is-layout-flow wp-block-details-is-layout-flow\"><summary>Rationale for the cost transfer policy and procedures<\/summary>\n<p>Clark University is responsible for managing all funds in a manner consistent with the standards set by the Office of Management and Budget (OMB), as well as with all applicable guidelines and policies set by the funders. Complete and timely execution and justification of cost transfers is required for direct costs to be considered both allowable and allocable under&nbsp;<a href=\"https:\/\/www.whitehouse.gov\/www-content\/uploads\/legacy_drupal_files\/omb\/circulars\/A21\/a21_2004.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">OMB Circular A-21<\/a>&nbsp;(Cost Principles for Educational Institutions). OMB A-21 also states that, \u201cAny costs allocable to a particular sponsored agreement\u2026may not be shifted to other sponsored agreements in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by terms of the sponsored agreement, or for other reasons of convenience.\u201d<\/p>\n\n\n\n<p>Cost transfers are often reviewed by our auditors as well as by federal agency officials. Frequent, late and\/or poorly justified cost transfers, as well as significant and questionable activity toward the end of an award period, could result in the denial of reimbursement and\/or could bring the PI\u2019s and the University\u2019s compliance into question potentially putting the PI and\/or the University at risk of administrative and\/or financial sanction.<\/p>\n\n\n\n<p>Please address any questions on this policy and related procedures to the Office of Sponsored Programs and Research or Grants Accounting.<\/p>\n<\/details>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\"><?xml encoding=\"utf-8\" ?><nav class=\"is-vertical wp-block-navigation is-content-justification-stretch is-layout-flex wp-container-core-navigation-is-layout-2c14e10a wp-block-navigation-is-layout-flex\" aria-label=\"Procedures Sub Navigation\"><ul class=\"wp-block-navigation__container  is-vertical wp-block-navigation\"><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/animal-use\/\"><span class=\"wp-block-navigation-item__label\">Animal Use<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/award-expenditures\/\"><span class=\"wp-block-navigation-item__label\">Award Expenditures<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/citi-training\/\"><span class=\"wp-block-navigation-item__label\">CITI Training<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/cost-transfer\/\"><span class=\"wp-block-navigation-item__label\">Cost Transfer<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/export-controls\/\"><span class=\"wp-block-navigation-item__label\">Export Controls<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/financial-conflict-of-interest\/\"><span class=\"wp-block-navigation-item__label\">Financial Conflict of Interest<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/irb-human-subjects\/human-subjects-policy\/\"><span class=\"wp-block-navigation-item__label\">Human Subjects Policy<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/intellectual-property\/\"><span class=\"wp-block-navigation-item__label\">Intellectual Property<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/policies\/www-content\/uploads\/sites\/295\/2023\/02\/International-Travel-Policy-FINAL-Jan-2023-1.pdf\"><span class=\"wp-block-navigation-item__label\">International Travel<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/re-budgeting-and-prior-approvals\/\"><span class=\"wp-block-navigation-item__label\">Re-Budgeting and Prior Approvals<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/responsible-conduct-in-research\/\"><span class=\"wp-block-navigation-item__label\">Responsible Conduct in Research<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/sub-recipient-and-sub-award-monitoring\/\"><span class=\"wp-block-navigation-item__label\">Sub-Recipient and Sub-Award Monitoring<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/cdn.clarku.edu\/sponsored-programs-and-research\/wp-content\/uploads\/sites\/116\/summer-salary-guideline.pdf?_gl=1*14k6xcw*_gcl_aw*R0NMLjE3Njg0ODc2NjAuRUFJYUlRb2JDaE1JZ29DNzlPR05rZ01Wd3pZSUJSMWEtQ3c2RUFBWUFTQUFFZ0pNS2ZEX0J3RQ..*_gcl_au*MTA0MjkxMTczMy4xNzYzNzQzMDAz\"><span class=\"wp-block-navigation-item__label\">Summer Salary Guidelines<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/time-and-effort-reporting\/\"><span class=\"wp-block-navigation-item__label\">Time and Effort Reporting<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/wp-content\/uploads\/sites\/116\/Trafficking-in-Persons-Procedures.pdf\"><span class=\"wp-block-navigation-item__label\">Trafficking in Human Persons<\/span><\/a><\/li><li class=\" wp-block-navigation-item wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\" href=\"https:\/\/www.clarku.edu\/offices\/purchasing\/travel-policy\/\"><span class=\"wp-block-navigation-item__label\">Travel Policy<\/span><\/a><\/li><\/ul><\/nav>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A cost transfer is a procedure by which a cost originally charged elsewhere is moved to another account in order to allocate the cost properly. It is the expectation of Clark University that Principal Investigators (PIs) understand the importance of regularly reviewing their research accounts and ensuring that allowable costs are initially charged to their [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"parent":63,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"class_list":["post-194","page","type-page","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cost Transfer | Sponsored Programs and Research | Clark University<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/cost-transfer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cost Transfer\" \/>\n<meta property=\"og:description\" content=\"A cost transfer is a procedure by which a cost originally charged elsewhere is moved to another account in order to allocate the cost properly. It is the expectation of Clark University that Principal Investigators (PIs) understand the importance of regularly reviewing their research accounts and ensuring that allowable costs are initially charged to their [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/cost-transfer\/\" \/>\n<meta property=\"og:site_name\" content=\"Sponsored Programs and Research\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ClarkUniversityWorcester\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-09T18:52:38+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@clarkuniversity\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/procedures\\\/cost-transfer\\\/\",\"url\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/procedures\\\/cost-transfer\\\/\",\"name\":\"Cost Transfer | Sponsored Programs and Research | Clark University\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/#website\"},\"datePublished\":\"2025-12-03T19:53:04+00:00\",\"dateModified\":\"2025-12-09T18:52:38+00:00\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/procedures\\\/cost-transfer\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/wp-json\\\/wp\\\/v2\\\/pages\\\/194#breadcrumbs\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":0,\"name\":\"ClarkU\",\"item\":\"https:\\\/\\\/www.clarku.edu\\\/\"},{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Sponsored Programs and Research\",\"item\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/#website\",\"url\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/\",\"name\":\"Sponsored Programs and Research\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.clarku.edu\\\/sponsored-programs-and-research\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cost Transfer | Sponsored Programs and Research | Clark University","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.clarku.edu\/sponsored-programs-and-research\/procedures\/cost-transfer\/","og_locale":"en_US","og_type":"article","og_title":"Cost Transfer","og_description":"A cost transfer is a procedure by which a cost originally charged elsewhere is moved to another account in order to allocate the cost properly. 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