Today’s universities are facing declining enrollment and tuition numbers. These universities are competing with major state schools and forced to do more with less.

Larger campuses and universities are left with an extreme amount of spend, making it critical they get the best value. Most of this spend is on research, and often times is grant based. Controls and reporting around grants are essential for universities to understand. For instance, if an expense is misclassified, it cannot simply be changed from one category to another. Compliance is more complex, and a university could risk losing their grant if they do not manage it correctly.

If you have any questions or concerns about your university or college’s grant compliance, please contact us today.