- Agreement Negotiation & Signature
- Award Management
- Outgoing Subawards
Program income is the gross income earned by the University that is directly generated by a supported activity or earned as a result of an award. Grantees are accountable for this type of income; the terms of the grant may specify how such income may be spent. In most cases, program income is maintained in an account separate from the funds already committed by the sponsor.
Examples of program income include: