Award Acceptance & Administration

Account Closeout

Our goal is to submit final financial reports within the allowable time frame following the grant expiration to ensure the timely collection of all funds due Indiana University under the terms of the award. We strive to close each account as soon as possible following final receipt of funds from the agency to reduce the likelihood of further expenses being charged to the grant.

Diagram: Award Closeout Link: Basic Steps Diagram Link: Overview Link: Residual balancesLink: Overdrafts Link: Final Financial Reports
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