What does Georgia Tech do with the Facilities and Administrative Costs (aka Indirect Costs or Overhead) it recovers from my grants and contracts?
Facilities and Administrative Costs reimburse the Institute for the real costs associated with performing research that are not specifically allocable to a single project. Such costs include utilities, buildings and facilities costs, information technology infrastructure, department and central administrative costs associated with managing externally funded projects and libraries. Most of the recovered funds are returned to Georgia Tech’s general operating fund where the costs were originally incurred. A portion is retained by GTRC and used by Georgia Tech to support research infrastructure through matching equipment, cost sharing, allocations to the colleges, and other forms of research support. Recently the F&A Costs used directly for support of research infrastructure have averaged $7.0 million per year; approximately $3.0 million per year is allocated directly to the colleges.
Related Questions
- What does Georgia Tech do with the Facilities and Administrative Costs (aka Indirect Costs or Overhead) it recovers from my grants and contracts?
- Why does the university charge for Facilities and Administration ("F&A") (aka indirect costs or overhead) costs?
- What are facilities and administrative costs (indirect or / overhead)?
