The University of Illinois at Urbana-Champaign has a responsibility to ensure that costs incurred on sponsored projects are in compliance with federal regulations, sponsor policy, award terms and conditions, and university policy. Follow the link below for complete policy and procedures.
For a cost to be allowable, it must be:
- Necessary and reasonable
- Consistently treated
- Conformed to any limitations or exclusions set forth in federal guidance
- Adequately documented