Research Support Fund grants, including Incremental Project grants, are paid to eligible institutions according to the following payment schedule:
|Less than $100,000
||One payment: October
|$100,000 to $499,999
||Biannual payments: July and October
|$500,000 to $999,999
||Quarterly payments: July, October and January
|$1 million or more
||Monthly payments: July to March
Obligations and suspension or termination
Your institution must spend its funds during the fiscal year in which they were awarded. It must also use funds for the purposes for which they were awarded and in accordance with the policies and guidelines of the program (see the Research Support Fund Financial Administration Guide) and your institution.
The steering committee reserves the right to suspend or terminate a grant if an institution no longer meets the eligibility or reporting criteria. It also reserves the right to recover funds paid out if an institution no longer fulfills the required eligibility criteria, or if the funds were paid on the basis of fraudulent or inaccurate information.