Unexpended Balance

It depends on the sponsor and the award. Please review your award agreement and/or sponsor policies for more information. If they are silent on carryforward, GCA will require written sponsor authorization to carry a balance or deficit forward.

An unexpended balance is a result of awarded funds not being spent. That is to say that the total expenditures for a project are less than the amount awarded. If a sponsor has paid for the entire award then there could be cash remaining. If a sponsor is one that we invoice then there could be awarded, but yet to be paid, funds remaining.