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Chapter 8

CSUSM Corporation Office of Sponsored Projects - Principal Investigator/Project Director Manual

Chapter 8:  How do I deposit money?

Funding From Sponsors

Sponsor payments are normally delivered directly to CSUSM Corporation.  Should you receive a check from a sponsor, immediately forward the check to CSUSM Corporation OSP after endorsing the back of the check as follows:

For Deposit Only
CSUSM CSUSM Corporation

An endorsement stamp may be purchased for projects that make regular deposits.  Check with the CSUSM Corporation OSP should you require one for your project.

Program Income

Program income is defined as gross income generated by a supported activity or earned as a result of the award.  Federally-funded grant agreements include very specific information regarding how recipients may treat program income.  Therefore, if you anticipate that your project may generate income, please discuss this during the orientation meeting at the beginning of your project.

Miscellaneous Revenue

When your project generates revenue in the form of checks, endorse them immediately as follows:

For Deposit Only
CSUSM CSUSM Corporation

For additional information, refer to CSUSM Corporation's Deposit Procedures.

If you expect to receive cash or gift revenue, or require credit card services, please discuss this during the orientation meeting at the beginning of your project.