Award Management

Overview

Boston College is committed to fostering a vibrant research environment that advances the University’s mission while upholding the highest standards of stewardship for sponsored funding. Effective financial and administrative management of sponsored projects is essential to ensuring compliance with sponsor requirements, maintaining the integrity of the research enterprise, and supporting the continued growth of externally funded research at the University. Research Finance is responsible for the financial management and oversight of sponsored projects after an award has been executed. This includes award account setup, invoicing, cash management, financial reporting, monitoring expenditures, compliance with sponsor and institutional financial policies, financial closeout of awards and audits. Research Finance works in partnership with Principal Investigators (PIs), Departmental Research Administrators (DRAs), and OSP to ensure that sponsored funds are managed responsibly, expenditures are allowable, allocable, reasonable, and consistently treated, and that financial stewardship aligns with the university’s mission and sponsor expectations.