Payments are made by check to the grantee's sponsoring institution and mailed to the sponsoring institution's address as specified on the Grant Acceptance Form.

All grant payments are contingent upon the receipt of signed and approved documents. The grantee must return the original signed Grant Acceptance Form before any funds can be dispersed. Once the form is received by the NPCRC, the first payment will be mailed. For two-year funded projects, a second payment will be mailed upon receipt and approval of the Annual Report. All final payments will be made upon receipt and approval of the Final Report by NPCRC.

Unexpended funds from year one to year two are carried over automatically. If there are unexpended funds at the end of a research grant period, then grantees may request a no-cost extension for consideration or return the funds to the NPCRC in a check made payable to “Mount Sinai School of Medicine.”