What is indirect cost and who decides how much my grant has to pay?
Indirect cost, or facilities and administrative costs, is a portion of the expenses necessary to run the university that are charged to a grant. This includes such things as the cost to run the library, building maintenance, campus police, utilities (heat, power, light), radiation safety, etc. The percent of indirect cost charged to a particular grant is determined by the granting agency, the graduate school, and the federally negotiated rate. The cost is calculated and charged to the grant as a percent of specific direct costs in the month following the month in which the direct cost charge occurs.
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- What is indirect cost and who decides how much my grant has to pay?