III.J. – Grants and Contracts

1. Policies

For policies pertaining to grants and contracts, including application and acceptance reporting requirements, see Section V.N.

2. Applications and Acceptances

Acceptance of a grant or contract by the Board should not be construed to be either endorsement or approval of future programs, activities, or services of an institution but simply an acceptance of the grant or contract activity for a specified time period. Any new program, activity, or service initiated by a grant or contract is subject to the policies, procedures, and rules of the institution and the Board.

3. Institutional Policies and Procedures

Each institution will establish and maintain comprehensive policies and procedures, subject to Board review and action, for the review and administration of grants and contracts. Such policies and procedures will ensure that grant and contract activities are consistent with the institution's role and mission statement, instructional commitments, and financial capabilities. Such policies and procedures must include provisions on conflict of interest, safety of human subjects in research activities, and compliance with state and federal requirements.