Welcome to the Northern Virginia Community College Website

Accessibility Navigation:

Budget Office

The Budget Office oversees budget development and periodic budget performance reporting for all college divisions. The Budget Office prepares the annual budget, fulfills internal and external budgeting reporting requirements, processes budget transfers and funding requests for new programs and new initiatives, reviews and monitors budget requests and provides financial analysis for the College. The Budget Office staff strive to provide excellent customer service while assuring the highest fiduciary standards are met.

Our Services

Strategic Planning

Support NOVA’s strategic planning and budget process through participation in deliberations of committees and hearing panels, presentation of essential budget data, and preparation of various analyses and reports.

Budget Development, Implementation and Monitoring

Develop annual, long-range budgets for approval; provide a link between NOVA’s strategic plan and resource allocations; partner with constituents and NOVA’s Senior Leadership and Managers to ensure best practices in budget and financial management.

Position Management

Allocate NOVA’s personnel resources and align positions so they are consistent with the organization’s current mission and staff resources approved by the budget process.

Grants/Contracts Management

Provide overall post-award management of sponsored programs to ensure that projects adhere to the funding source’s guidelines (ex. progress reporting requirements, financial reporting requirements and expenditure restrictions) and that financial compliance is met. The post-award grant accountants work closely with the principal investigator/program director to provide fiscal oversight and management of awards throughout the lifecycle of each grant, contract or cooperative agreement and assist with all financial aspects of the grant including, but not limited to, assigning fund codes, entering budgets and monitoring grant expenditures for compliance with sponsor requirements, Commonwealth policies, federal regulations and relevant laws.

Grants/Contracts

Grants/Contracts Management

Provide overall post-award management of sponsored programs to ensure that the projects adhere to the funding source's guidelines (ex. progress reporting requirements, financial reporting requirements and expenditure restrictions) and that financial compliance is met. The post-award grant accountants work closely with the principal investigator/program director to provide fiscal oversight and management of awards throughout the lifecycle of each grant, contract or cooperative agreement and assist with all financial aspects of the grant including, but not limited to, assigning fund codes, entering budgets and monitoring grant expenditures for compliance with sponsor requirements, Commonwealth policies, federal regulations and relevant laws. 

NOVA Resources

Resources From Federal Agencies

Other Resources

  • Federal contracts, as opposed to Federal grants and cooperative agreements, are subject to the Federal Acquisition Regulation (FAR) in addition to the Uniform Guidance. However, carefully read the FAQ for 200.101, "Applicability of Uniform Guidance to FAR-based contracts."
    FAR as a Reference:
  • OMB Circulars Effective Until 12/26/2014:
    • A-21 - Cost Principles for Educational Institutions
    • A-110 - Uniform Administrative Requirements for Grants and Agreements with Institutions of High Education, Hospitals and Other Non-Profit Organizations
    • A-133 - Audits of States, Local Governments and Non-Profit Organizations, plus the A-133 Compliance Supplement 2014

Guidelines

Top