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My LEA has an approved Indirect Cost Rate of 6.24%. Why was our project only allowed to take 5.0% (including admin) when we applied?

April 26, 2017allowed Approved COST indirect LEA project rate

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My LEA has an approved Indirect Cost Rate of 6.24%. Why was our project only allowed to take 5.0% (including admin) when we applied?

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Indirect Cost may be restricted or disallowed on some grants. In this example, the grant itself had an additional restriction. Please refer to Indirect Cost term in the Grants Management Enterprise glossary to download and/or print a copy of the Maximum Allowable Indirect Cost Matrix by grant, in pdf format. Do districts and district sponsored charter schools have to calculate their County School Superintendents Indirect Cost Rate as a percentage of their Indirect Cost? How is the percentage of the County School Superintendents Indirect Cost Rate budgeted? Yes. Arizona State law states that County School Superintendents (CSS) will handle the fiscal activities of districts (Title 15.304) including federal grant funds, unless the district has been approved for fiscal independence (R7-2-902). There are no additional federal appropriations to cover the CSS responsibilities of handling districts’ federal projects. Effective 2008, districts are allowed to charge combined indirect cost rate.