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What restricted indirect cost rate should applicants use?

April 26, 2017APPLICANTS COST indirect rate

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What restricted indirect cost rate should applicants use?

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Local Education Agencies: In most cases, Local Education Agencies (LEA’s) may use the restricted indirect cost rate as determined by State agencies that have been designated responsibility for establishing indirect cost rates. Charter Schools: These organizations also fall under the State Education Agency indirect cost rate determination responsibility that the U.S. Department of Education has delegated to States. Universities, Public Agencies and Corporations: Under 34 CFR 76.564(c)(2), a recipient that is not a State or Local Government may use an 8 percent rate if a restricted rate computation is not less. If additional guidance is needed concerning what restricted indirect cost rate to use, we urge applicants to contact the ED Indirect Cost Group on (202) 377-3833.