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Grant and Contract Accounting (GCA) provides accounting and financial compliance services for sponsored projects. In addition, GCA oversees compliance with university policies and procedures as well as federal and non-federal rules and regulations that are required by various funding agencies.

The following services are provided to the Illinois Tech community:

• Banner post-award setup and notification
• Grant financial compliance
• Grant reconciliations and financial analysis
• Cost transfer and salary reallocation processing
• Subrecipient processing and monitoring
• Grant invoicing
• Financial reporting
• Grant cash management
• Grant and contract closeouts
• Indirect costs
• Partnership with the Research Administration Services team in other post-award functions such as grant review, document preparation, forecasting, and grant sunset
• Partnership with the Office of Sponsored Research and Programs