The Custodian for a Research Participant Payment Study Fund must return unused cash/gift cards/prepaid cards to Cost Analysis and request close out of the study within 60 days of the study protocol expiration date. Department administrators may request up to a 30-day extension period with appropriate justification.
The RPP system provides a secure database to house payment and participant information and improved compliance by the University of Florida for required reporting. The University of Florida reports tax information to the IRS and other information to granting agencies. Timely reconciliation and return of unused gift cards, debit cards, and cash reduces the risk of overcharging grants as well as the risk that funds could be misappropriated and not detected timely.
All University departments.