VPF’s Sponsored Accounting team manages all post-award administration, which includes billing, closeouts, reporting, and compliance. The team helps the MIT community ensure compliance with sponsored research, including government, international, and industrial funding, to ensure correct billing methods are used.
Sponsored Billing Procedures
Receivables Aging Reports
Unallowed Costs
Underrecovery of Research F&A
Sponsored Account Close Outs

Did You Know?

When a sponsor’s F&A (facilities and administrative) costs are less than the current MIT negotiated research rate, Institute policy requires you to treat the difference as underrecovery.
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