What project costs are eligible for cost-sharing?
COST SHARING Funds from one grant cannot be used as cost-sharing on another. There are various ways to indicate portions of a project’s costs to be shared by the institution. This may include: • the value of faculty and staff salary and fringe benefits if not reimbursed by the sponsor • cash contributions (funds committed from specific accounts, either departmental, college or institutional) • the use of university space dedicated to the project at $11.54 per square foot for any type of space (new rate posted 2/2/2009 — from the 2008-10 Budget Request Manual of the Commonwealth of Kentucky, as issued by the Office of State Budget Director). Click here to link to the memo detailing the breakdown of the $11.54. All budgets (including pre-proposal budgets) indicating cost-sharing are subject to institutional approval prior to submission of the proposal (or pre-proposal) Tips for completing the sign-off sheet: All index numbers, corresponding account codes and amounts by year(s) must be p
