Background
The National Science Foundation, to meet Congressional
directives, requires that each recipient institution cost
share 1% of all unsolicited research funds received from
the NSF in each fiscal year.
UW Procedures in tracking the Statuatory cost sharing:
The UW will solicit at the time of award, the Cost
Sharing Documentation Form from the Dean's office of
the receiving College, School or Division. Every award does
not need to bear exactly 1% of the requirement as the cost
sharing will be aggregated for all UW research projects
over the fiscal year. No account will be set up without
this form having been received from the appropriate Divisional
Office.
Key Information about the NSF Cost Sharing Policies:
NSF
Important Notice 128 Detailing the procedures and allowability
of any cost sharing beyond the Statuatory 1% requirement.
In NO event unless cost sharing is specifically required
in the Program Announcement (and never for unsolicited proposals)
should cost sharing be included in NSF applications.
NSF
Grants Policy Manual Section 330
NSF
FAQ Regarding Cost Sharing
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