FAQs

A. SPAC is UMD’s designated post award office responsible for handling the financial aspects of awards associated with sponsored projects.  They service the research community by handling financial reporting and billing, audits, financial compliance, indirect cost and other post-award matters. Please see Roles and Responsibilities for details on SPAC services.

A. In our training section you will find the characteristics and full definitions of various types of sponsored agreements https://spac.umd.edu/training.

A. Departments should first read the terms and conditions of the agreement to understand when spending should begin on the award and determine what expenditures are allowable and allocable. For guidance on interpreting terms and conditions, please contact your assigned SPA Financial Administrator or Financial Compliance.  Also, please see Award Management for additional details.

A. In general, gifts are charitable donations for a general or specific purpose, i.e. endowed chairs, scholarships with expectation of acknowledgement of sponsor in return.  Financial accounting and reporting are not expected with gifts. For specific questions, contact General Accounting, ext. 52633 for guidance.

A. Yes. Each unit in SPAC has a designated email address:
Sponsored Programs Accounting: spac.accounting@umd.edu
Cost Accounting: spac.cost@umd.edu
Financial Compliance: spac.compliance@umd.edu