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What are overhead/ indirect costs (External Grants)?

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What are overhead/ indirect costs (External Grants)?

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“Overhead” refers to the amount set out in a research budget to cover the indirect costs associated with a specific research project. “Indirect costs” refer to the central, faculty, departmental and/or institute costs that the University incurs to support research but that is not attributable to specific research projects (i.e. heat, light, administrative services such as Accounting, ethics review, etc). Indirect costs attributable to sponsored research projects are charged to the project or covered by the University according to the terms and fconditions of the award, the status of the sponsor, the academic or economic benefits which accrue, and the sponsor’s general support of University research and scholarly activity. Research grants and research contracts normally include overhead at the rates outlined in the University Overhead/Indirect Costs Policy.

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