Do “cost sharing” and “matching” have the same meaning?
Question
Do “cost sharing” and “matching” have the same meaning? |
Answer
While the terms Cost Sharing and Matching are often used interchangeably, Matching has a specific meaning related to the ratio of Cost Sharing. Matching refers to a situation in which the sponsor requires the university to match the level of grant funding in some proportion with funds received from another party (such as a 50% match or a “1 to 1” match). This type of Cost Sharing is usually stated in the program announcement or Request for Proposals (RFP) as an eligibility requirement (mandatory) and is often provided from institutional resources.