How do I know what indirect cost rate (also known as the Facilities and Administrative [ FandA ] rate) to use to calculate for the cost shared budget?
The UD Grants System will calculate the rate for each of the budget items entered into the budget. The rate is multiplied by the direct costs being cost shared on the expenses (accounts) that would bear FandA if charged directly to the grant. These items do not bear actual FandA costs (SFA), but bear Cost Shared FandA (CFA). There is also the matter of Waived FandA (WFA) which is the calculation of the institutions current FandA rate minus that which is charged as CFA or SFA.
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