Matching Funds/Cost Sharing
Some agencies require matching funds and/or cost-sharing. Matching funds are normally defined as cash (e.g. a percentage of the cost of a piece of equipment), whereas cost-sharing is usually in the form of contributed time and effort by the Principal Investigator and his/her associates. All requests for matching funds must be approved in advance by the Principal Investigator's Department Chair and/or Appropriate Director/Division Head, Dean.