CORPORATE ACCOUNT FUND PROFILE DATA DICTIONARY - CAMPUS INPUT

[Field Name Index]

Name:

METHOD OF PAYMENT CODE

Type:

ALPHANUMERIC

Length:

2

Format:

N/A

General Description:

Code indicating the manner in which Federal Contract and Grant Funds are paid to the University.

Code Interpretation:

'10' Reimbursement, billable monthly
'20' Reimbursement, billable quarterly
'50' Reimbursement, with billing frequency limited to completion of specific tasks
'60' Advance payment by treasury check according to a predetermined automatic payment schedule (schedule of the amount to be paid on each date is listed in the contract or grant)
'80' Advance payment by treasury check based upon periodic invoices submitted by campuses (i.e., USN and USAF advance payment pools)
'90' Payment by Letter of Credit (i.e., DOE, DHHS, and NSF Letters of Credit)
'95' Intercampus advances or cost reimbursements on subcontracts or subgrants
'99' Offset funds for cost of education and institutional allowances

Comments:

Revision Date: