Program Income

Program income is the gross income earned by the University that is directly generated by a sponsored activity or earned as a result of an award. Program income must be identified, appropriately documented, and the resulting revenue and expenses properly recorded and accounted for. In most cases, program income is maintained in an account separate from the funds already committed by the sponsor. Program income must be spent in accordance with the terms and conditions of the award. 

The UF Directive on Program Income for Sponsored Agreements outlines requirements for managing program income. 

Examples of program income include:

• Fees earned from services performed under the award, such as laboratory tests
• Income generated from sales of commodities and research materials, such as tissue cultures, cell lines, and research animals
• Registration fees from participants attending conferences or workshops
• Income from the sale of educational materials 
• Sale, rental, or usage fees, such as fees charged for the use of computing or laboratory equipment
• Income generated from the sale of software, digital media, or publications
• Third party patient reimbursement for hospital or other medical services, such as insurance payments for patients, where such reimbursement occurs because of the grant-supported activity
• Patent or copyright royalties

Last updated: 11/15/24