D. Payments to Organizations with Awards

  1. Payments - Information concerning payments can be found in GPM 430. Organizations should become familiar with NSF policies concerning payments to ensure timely receipt of payments, and also timely submission of required financial reports.

  2. ACH Vendor/Miscellaneous Payment Enrollment Form (SF 3881) - See GPM 436 information and instructions on completing this form. This form should be sent to NSF, Division of Financial Management, Room 575 as soon as possible after an NSF grant award letter is received by an organization.

  3. Request for Advance or Reimbursement (SF 270) - See GPM 432 - 435 for information regarding NSF's payment requirements. Also see GPM 436, Section C on how to request payments.

  4. Interest Earned on Advance Payment - Organizations are generally required to maintain advances of NSF funds in interest bearing accounts and to remit interest earned in excess of $250 per year to the Department of Human Health and Services (HHS). Specific requirements concerning deposits and interest are contained in GPM 443.

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