How are ASUs F&A fund recoveries utilized?
It is important to note the term “recoveries” in this context refers to recapturing F&A costs that have already been incurred, not those to be incurred in the future. Nonetheless, ASU has established policies to return a portion of the F&A cost recoveries to the faculty, department, and college in which the funded sponsored project activity occurs. A portion of the F&A recoveries is reserved for the support of various research initiatives under the auspices of the Office of the Vice President for Research & Economic Affairs. In addition, there are some significant annual allocations of funds as well as a number of special funding requests for new initiatives, sponsored project matching, bridging funds and emergencies that are approved by OVPREA to support and enhance the research enterprise and support the research activity that benefits a large segment of the University research community. Examples of F&A cost recoveries being returned directly to the campus include: 1) distributing a
