Upon award of a grant or a contract, the management and investing of funds and disbursement of payments will be controlled by the Finance Office. It is the responsibility of the principal investigator to make sure that all progress reports, budget reports, fund requests, and budget reports are submitted on a timely basis as defined within the grant. Copies of each report submitted to the granting agency should be forwarded to the Comptroller in the Finance Office, the Vice President of Academic Affairs, and the Grants and Foundations Manager in Development. Annual reports accounting for the disbursement of funds will be reviewed by the Office of Academic Affairs.