What are the components of F&A rates?
F&A costs are divided into the following components (referred to as cost pools) which support sponsored project and other university direct cost activities: Facility Costs • Equipment Depreciation • Building Depreciation • Interest (debt financing of building, equipment, & capital improvements) • Operations & Maintenance of Plant (buildings and grounds) • Library Administrative Costs • General Administration (university) • Department Administration (includes department and college) • Sponsored Projects Administration • Student Services Administration A rate is calculated for each cost pool based on methods prescribed in OMB Circular A-21. The total of these individual cost pools results in a rate that is subject to negotiation and approval of officials from the Department of Health & Human Services (DHHS), our cognizant federal agency. There is an “off-campus” rate which includes only administrative costs that is calculated for projects conducted in facilities not owned or operated by
