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McGill.CA / Financial Services / Forms

Letter of Guarantee

Explanation

Form
Used for a Unit to authorize a temporary over-expenditure. The form must be signed/approved by the Unit Head and must specify the following information:
  • A funding source to be used as collateral;
  • The amount of the guarantee, normally not exceeding 20% of the expected grant renewal;
  • A time limit not exceeding 60 days following the anticipated renewal date, or receipts date of award notification.

PDF iconLetter of Guarantee - Research Funds [pdf]

PDF iconLetter of Guarantee - Other Funds (non research) [.pdf]
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