Post-Award Financial Administration Guidelines

The procedures and guidance provided here are meant to assist the VCU research administration community in complying with VCU policy, as well as federal, state, and sponsor regulations. In the drop-down pages to the left can be found detailed guidance, forms, and procedures related to the post-award management of sponsored programs. Should you have any questions, please contact gcavcu@vcu.edu.

Participant Support Costs

Beginning July 1, 2023, Grants & Contracts Accounting introduced a process change regarding expenditures classified as participant support costs. Specifically, these expenditures will no longer be tracked via a separate index in Banner finance. Rather, a new series of account codes (detailed below) have been created that should be utilized with these expenditures. When these account codes are used, indirect costs will automatically be excluded.  Please contact gcavcu@vcu.edu with any questions. 

638700 - Participant Support (BUDGET ONLY)

638701 - Participant Support Stipends

638702 - Participant Support Travel

638703 - Participant Support Supplies

638704 - Participant Support Miscellaneous