Grants

Post Award Administration and Accounting serves as the central administrative unit responsible for facilitating and accounting for external grant and contract funding for faculty and staff projects at Loyola Marymount University. This includes all financial responsibilities including account setup, budget setup, monitoring and approval of expenses, invoicing, and financial reporting. For questions, please contact Grant Accounting at grantaccounting@lmu.edu.

• Setting up award and budget in accounting system
• Assisting PIs with processing of financial transactions
• Reviewing grant expenditures for budget and allowability
• Processing cost transfers of unallowable costs
• Preparing financial reports and invoices for funders
• Receiving and drawing down funds from sponsors
• Providing updates on balances available for PIs and other internal parties
• Preparing effort reporting
• Closing out awards
• Preparing and negotiating federal facilities and administrative agreement (overhead rate)

For information on proposal submission and all Pre Award services, please visit the Office of Research and Sponsored Projects (ORSP) website.