{"id":3289,"date":"2026-05-21T15:17:45","date_gmt":"2026-05-21T15:17:45","guid":{"rendered":"https:\/\/affiliate.wcu.edu\/engagedresearch\/?page_id=3289"},"modified":"2026-08-06T15:20:09","modified_gmt":"2026-08-06T15:20:09","slug":"awardfinancialmanagement","status":"publish","type":"page","link":"https:\/\/affiliate.wcu.edu\/engagedresearch\/awardfinancialmanagement\/","title":{"rendered":"Award & Financial Management"},"content":{"rendered":"

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Award & Financial Management is the process in which the financial details of a sponsored project are confirmed, funds are expended, and the budget is monitored throughout the life of the grant. The Post Award and Compliance team provides support and monitors various policies and procedures to ensure sponsored project funds are spent within university and sponsor guidelines.<\/h4>\n

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[\/et_pb_text][et_pb_heading title=”Overview of Award & Financial Management” _builder_version=”4.27.7″ _module_preset=”f4f35889-8db6-4568-8fab-d6c2d95f85cb” title_font=”–et_global_heading_font|||on|||||” title_text_color=”#FFFFFF” title_font_size=”34px” background_color=”RGBA(255,255,255,0)” custom_margin=”||10px||false|false” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.27.7″ _module_preset=”d036813e-4274-42bb-8f00-363b29b905ec” text_font=”–et_global_body_font|700|||||||” text_font_size=”20px” header_font=”–et_global_heading_font||||||||” custom_margin=”||27px|||” global_colors_info=”{}”]<\/p>\n

Granting Success<\/a><\/span><\/p>\n

Grant Management Roadmap<\/a><\/span><\/p>\n

<\/a><\/span>Setting up a Sponsored Award Account<\/a><\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_row _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.27.7″ _module_preset=”default” text_font=”–et_global_body_font||||||||” header_font=”–et_global_heading_font|700|||||||” global_colors_info=”{}”]<\/p>\n

Sponsored Project Lifecycle<\/strong><\/h2>\n

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Quick Access by Need<\/strong><\/h3>\n

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[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.27.7″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” filter_hue_rotate=”52deg” filter_saturate=”197%” filter_brightness=”64%” global_colors_info=”{}”][et_pb_column type=”1_3″ _builder_version=”4.27.7″ _module_preset=”default” link_option_url=”accountsetup” global_colors_info=”{}”][et_pb_blurb title=”Account Setup” use_icon=”on” font_icon=”||fa||900″ _builder_version=”4.27.7″ _module_preset=”default” header_font=”–et_global_heading_font||||||||” body_font=”–et_global_body_font||||||||” link_option_url=”#accountsetup” custom_css_free_form=”accountsetup” global_colors_info=”{}”]<\/p>\n

Set up award accounts, budgets, and project records.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.27.7″ _module_preset=”default” global_colors_info=”{}”][et_pb_blurb title=”Award Management” use_icon=”on” font_icon=”||fa||900″ _builder_version=”4.27.7″ _module_preset=”default” header_font=”–et_global_heading_font||||||||” body_font=”–et_global_body_font||||||||” link_option_url=”#awardmanagement” global_colors_info=”{}”]<\/p>\n

Manage spending, personnel, and compliance.<\/p>\n

[\/et_pb_blurb][\/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.27.7″ _module_preset=”default” link_option_url=”awardcloseout” global_colors_info=”{}”][et_pb_blurb title=”Award Closeout” use_icon=”on” font_icon=”N||divi||400″ _builder_version=”4.27.7″ _module_preset=”default” header_font=”–et_global_heading_font||||||||” body_font=”–et_global_body_font||||||||” link_option_url=”#awardcloseout” global_colors_info=”{}”]<\/p>\n

Complete reporting and finalize project activities<\/p>\n

[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ fullwidth=”on” _builder_version=”4.27.7″ _module_preset=”default” custom_margin=”||100px||false|false” top_divider_style=”waves2″ top_divider_color=”#9e9e9e” top_divider_height=”25px” global_colors_info=”{}”][\/et_pb_section][et_pb_section fb_built=”1″ module_id=”accountsetup” _builder_version=”4.27.7″ _module_preset=”default” min_height=”765.6px” custom_margin=”-24px|0px|-230px|0px|false|false” custom_padding=”0px|0px|0px|125px|false|false” top_divider_style=”curve” top_divider_color=”#bfbfbf” top_divider_height=”0px” top_divider_repeat=”1x” global_colors_info=”{}”][et_pb_row column_structure=”1_2,1_2″ _builder_version=”4.27.7″ _module_preset=”default” background_color=”RGBA(255,255,255,0)” width=”100%” max_width=”2560px” min_height=”1000px” custom_margin=”3px|419px|7px|auto|false|false” custom_padding=”2px||14px|0px|false|false” filter_hue_rotate=”58deg” global_colors_info=”{}”][et_pb_column type=”1_2″ _builder_version=”4.27.6″ _module_preset=”default” global_colors_info=”{}”][et_pb_heading title=”Account Setup:” _builder_version=”4.27.7″ _module_preset=”f4f35889-8db6-4568-8fab-d6c2d95f85cb” title_font=”–et_global_heading_font|800|||||||” title_font_size=”42px” min_height=”77.6px” custom_margin=”||0px||false|false” global_colors_info=”{}”][\/et_pb_heading][et_pb_text _builder_version=”4.27.7″ _module_preset=”default” text_font=”–et_global_body_font|–et_global_body_font_weight|||||||” text_text_color=”#02000a” text_font_size=”18px” text_line_height=”1em” header_font=”–et_global_heading_font||||||||” header_text_color=”#06000a” width_tablet=”” width_phone=”” width_last_edited=”on|desktop” min_height=”503px” custom_padding=”||||false|false” filter_saturate=”0%” filter_brightness=”34%” global_colors_info=”{}”]<\/p>\n

Select the links below to access guidance, resources, forms, and procedures.<\/strong><\/em><\/span><\/p>\n

Award Budget of Record (ABOR)
<\/strong>Start with these essential ABOR resources\u00a0to establish or understand your Award Budget of Record.<\/p>\n