With few exceptions, every grant-funded project will require at least one final report and, in many cases, (particularly in the case of multi-year grant awards) an annual report at the end of each annual grant performance period. All reporting requirements are spelled out clearly in the funding agency’s Request for Proposal guidelines, and it is the responsibility of the Principal Investigator—with coordination and guidance from the Grants Development Office—to perform this required reporting as stated in the funder guidelines. Negligence by the Principal Investigator may impact his/her or the College's ability to receive subsequent support from the funder. It may also result in a loss of payment to the College for costs already incurred. Such losses could become a liability chargeable to the department and College. In addition to technical report(s), other reports may be required relating to inventions, equipment accountability, fiscal data, and voucher submissions. The latter three are the responsibility of the Business Office via the Grants Accountant, in collaboration with the Grants Coordinator.

At the start of any new grant funding period, the Principal Investigator is to meet with the Grants Coordinator and the Grants Accountant to review all financial reporting requirements and their corresponding deadlines. The Grants Development Office and the Business Office will establish a schedule for all required reports to be prepared in accordance with the funding agency’s deadlines. The Principal Investigator will be responsible for informing the Grants Development Office and/or the Business Office of any subsequent changes to the reports schedule, such as extensions or updated reporting requirements.