I know that Title III does not allow indirect costs.  Where in the regulations is this identified?





-----Original Message-----
From: US Department of Education Title III List Server [mailto:[log in to unmask]] On Behalf Of Jerome OCallaghan
Sent: Tuesday, October 05, 2004 12:37 PM
To: [log in to unmask]
Subject: Re: unspent funds

In the middle of our grant, we had some rollover funds from two years,
so we rewrote the budget to account for all money to be spent by the 
end of year five. We then submitted that budget as a proposal to
our Program Officer and got her approval to proceed  under the
new scheme.  It was a good process for us -- reconsidering how
best to use the resources, and deciding which early plans needed to be
abandoned.  We stuck very closely to the original goals of the grant,
just adjusting the means, not the ends!


joc
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Jerome O'Callaghan
Title III Coordinator
SUNY Cortland -- Box 2000
Cortland  NY 13045
ph:  607.753.5484
email: [log in to unmask]
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-----Original Message-----
From:   US Department of Education Title III List Server on behalf of Shub, Helen
Sent:   Tue 10/5/2004 12:10 PM
To:     [log in to unmask]
Cc:	
Subject:        unspent funds
Does anyone have any experience with funds that are left over from a
previous year?  We have a large sum of money that we did not spend from
our first year, mainly because it took us a long time to fill the Title
III positions.  The College does not "draw down" the money until it
actually spends it, so there is about $150,000 that is just sitting out
there somewhere.  Does anyone know if I have to formally alert the DOE
that this money was not used and that we need it be rolled over or can I
just assume that will happen and use it this year to purchase things
related to the grant objectives?  Any help on this is greatly
appreciated.

 

Helen Shub

Title III <http://www.pbcc.edu/TitleIII/index.asp>  Project Director/

Director, Institute for Student Success

Palm Beach Community College

4200 Congress Avenue

Lake Worth, FL 33461

(561) 868-3277

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