What is a research grant?

  • Funding decision usually made via peer-review system
  • Scope of work developed & defined by researchers
  • Direction of research determined by PI
  • Deliverables usually limited to scientific & financial reporting
  • Detailed budget usually required consistent with Sponsor’s requirements.
  • Eligibility of indirect costs & rate often per Sponsor policy
  • Unrestricted rights to publish and IP rests with PI/institution

For more information, consult the Life Cycle of a Research Grant.