Financial Reporting & Analysis
News & Annoucements
January 2012 F&A Reports Are Available
The January 2012 F&A reports are available on the F&A web page at:
http://www.virginia.edu/finance/finanalysis/overhead.html
FA Award Installment Adjustments
All F&A award installments have been adjusted to account for the F&A earned through June 2011.
Initial installments for FY12 have been input into new installments. Please notify us if you are aware of circumstances that may cause your FY12 F&A to be significantly less than your FY11 F&A. We have no insight whatsoever into the grant activity of your PI’s and thus use the formula outlined in the FAQ http://www.virginia.edu/finance/finanalysis/FA_FAQ.html to calculate your initial F&A installment for FY12.
If you believe that your installment should be higher, prepare a spreadsheet listing all active awards, with both award and project numbers, and the amount of F&A you expect to generate on those awards and email it to .
If it is possible that your department will generate significantly less F&A this year than last year, then do NOT fund the entire initial installment until you are certain that you will earn it.