You and your departmental administrators are responsible for managing costs associated with the project in a timely manner. You can access your award and account on Grants Management Toolkit (GMT), a reporting tool that allows you to view the status of your awards and contracts, including your budget, how much you have spent of it, and how much is left.
It can take a while to negotiate and finalize the details of your award. If you need the funds sooner than your award start date, you can request an advanced account. An advanced account allows you to charge expenses to your pending award and works just like a normal grant account.
You also should familiarize yourself with IU's award management policies and guidelines: