Finance in the GMS
Original Release Date: 29 Jan 2025
This session covered financial application information for the new Grant Management System (GMS), which opens 3 February and closes 14 March at 11:59 PM Eastern Daylight Time. Key points included clarification on in-kind contributions: applicants should only include contributions integral to the project and student professional development, not standard provisions like supervisor time or routine IT equipment. The demonstration showed how to enter financial information into GMS, including cash and in-kind contributions from both universities and industry partners. The system automatically calculates totals, and one-off payments must be spread across four years for assessment consistency. Applicants will receive access emails on Monday with a 10-minute video guide and reference materials. No additional financial documentation should be uploaded, as the system clearly captures all required information.