Chapter 7 - Finance
7.7 Grant Development
Grants are an important part of the growth and success of any college. However, grants
can burden the financial and human resources of a college. Therefore, Minnesota West
Community and Technical College will require grant originators to complete a Grant
Sign-off Form in order for Minnesota West to be the fiscal agent or accept any financial
responsibility associated with a grant.
Grants at Minnesota West should be directly related to the Mission and Goals of both
the College and the Minnesota State colleges and universities as approved by the Board
of Trustees. Further, potential grants need to be evaluated on their merit, the cost/benefit
of implementing the grant and follow-up cost of maintaining the grant outcomes after
the closure of the grant.
At the concept and submittal stage these will be the questions asked. The purpose
of this policy/procedure is not intended to slow down the process of grant application,
but rather coordinate individual grants with other grants and the on-going operation
of Minnesota West.
Required Forms
Grant Sign-off/Description Form
References
Conflict of Interest for Federal Grants
Daily Time and Effort Spreadsheet
Financial Conflict of Interest
Time and Effort Reporting Policy
Quarterly Effort Certification
Approved by: Ron Wood, President
Date: Juy 1, 2003
History and Revision: Revised January 15, 2010