When you receive notification that you have been awarded a grant or fellowship, notify Corporate and Foundation Relations as soon as possible.
If the grant is institutional in nature, that is, the check is made out to Babson College, Corporate and Foundation Relations initiates the process of documenting the award through Alumni/Development and Business and Financial Affairs. Also send any acceptance documents that must be signed by an officer of the College to Corporate and Foundation Relations to ensure that it is properly signed, documented, and returned to the sponsor. It is important to keep this office informed of responsibilities associated with the grant, such as reporting deadlines, so that we can provide any assistance you need. Often, payments on grants are not made until reports are filed.
The Grants Administrator, in collaboration with the PI, is responsible for administering all sponsored projects awarded to the College. This includes monitoring budget transactions, verifying and enforcing sponsor terms and conditions, processing administrative reports, preparing and overseeing subcontracts and implementing changes mandated by both Federal and private agencies. The Grants Administrator will also assist the accounts payable department in monitoring expenditures to ensure compliance with federal guidelines and Babson policies and procedures. The Grants Administrator is also responsible for the distribution of tri-annual Effort Certifications (end of the spring semester, end of the summer semester, and end of the fall semester).