A project may be terminated by the sponsor, the University, or by mutual agreement of both parties. The award agreement and/or agency regulations specify the process for terminating a project before the end date. If you receive a notice of project termination please contact Sponsored Projects Services as soon as possible.
See National Science Foundation (NSF) Proposal and Award Policies and Procedures Guide (Chapter VII.A.2) on suspension and termination for details on the official NSF policy and procedures for terminating a project before the contractual end date.
See the National Institutes of Health (NIH) policy section 8.5.2 for the official NIH policy and procedures for terminating a project before the contractual end date.