Today's Tip: Participant Support Costs, Part 2 of 3
Specific types of PCOSTS
ALLOWABLE PARTICIPANT SUPPORT COSTS
Stipend. A stipend is a set amount paid to the participant to be used in connection with training.
Subsistence allowance. A subsistence allowance is a predetermined amount to be used to help offset housing or subsistence expenses during the period of the training. The cost of a participant’s housing and per diem expenses must be necessary and reasonable for the individual to participate in the training. It should be noted that participants who live in the area local to the training are not entitled to subsistence payments. They can however, participate in the meals and snacks provided at the meeting or conference.
Travel. Travel includes the actual costs of transportation, lodging, meals and associated expenses to and from the training location. These costs must follow sponsor guidelines as well as UMBC travel guidelines. The sole purpose of the trip must be to participate in the training.
Fees. The fees paid by a participant or on behalf of a participant in connection with training. These fees could include event registration fees, laboratory fees related to participant training, and passport or visa fees for foreign participants.
Posted: March 29, 2019, 8:21 AM