Finance and Budget
Policies by Topic - Finance and Budget
| Title | Excerpt | Category | Policy Issued | ||
|---|---|---|---|---|---|
| Sponsored Research Cost Transfers | Finance and Budget, Publicly Available, Research | Faculty, research, Staff, Students | 11/17/2025 | 12/16/2025 | |
| Effort Reporting | Finance and Budget, Publicly Available, Research | Faculty, research, Staff, Students | 11/17/2025 | 12/16/2025 | |
| Expenditures Supplemental Policy | Expenditures and Procurement, Finance and Budget | Faculty, Staff, Students | 8/4/2025 | 1/14/2026 | |
| School and Department Commitments | Many schools make commitments with their chairs or department/division directors which are incorporated in the operating budget. | Finance and Budget | Faculty, Staff | 10/5/2005 | 1/14/2026 |
| Recharge Centers | USC schools, academic departments and other university divisions (units) may establish a recharge center (RC) to provide goods and/or services to university activities, programs and organizations. | Finance and Budget, Research | Faculty, research, Staff | 9/15/2011 | 1/14/2026 |
| Indirect Cost Rate | When conducting sponsored projects, USC is required to apply the appropriate Facilities and Administrative (“F&A”) rate (also referred to as the “Indirect Cost Rate”) to the appropriate direct cost base for each project. | Finance and Budget, Research | Faculty, research, Staff | 4/23/2020 | 1/13/2026 |
| Cost-Sharing | The sponsor’s award document normally includes the form and the amount of the cost-sharing commitment or it may reference the proposal submitted to the funding agency. | Finance and Budget, Research | Faculty, research, Staff, Students | 5/1/1997 | 10/20/2025 |
| Borrowing and Lending Funds by Departments, School, Units or Subsidiaries | This policy outlines the rules required for the borrowing or lending of funds by any school or department within the university. | Finance and Budget | Faculty, Staff | 10/5/2005 | 1/8/2026 |
| Bank Accounts | No individual, school, department, institute, center, subunit, group or organization associated with or affiliated with the university (including associated alumni or student organization) is authorized to open a commercial or retail bank account in or using the university’s name, identification or tax information. | Finance and Budget | Faculty, Staff | 6/25/2018 | 1/8/2026 |