Program Income

Program Income

Program Income is defined in OMB Uniform Guidance (2 CFR Part 200) as “Gross income earned by the University that is directly generated by a sponsored activity or earned as a result of an award.” Examples include:

  • Fees for services, such as laboratory tests.
  • Receipts from the sale, use or rental of equipment purchased with project funds.
  • Royalties from patents and copyrights.

UNT may be required to credit program income to the award, and, therefore, GCA should always be consulted for advice if any income is generated by work under a grant.