Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Who approves the indirect cost rate?

April 26, 2017approves COST indirect rate

0

Posted

Who approves the indirect cost rate?

1 Answer

0

Posted

For public school districts and regional education service centers (ESCs), TEA, as a state educational agency, is authorized in 34 CFR Part 75 and Part 76 to approve and issue the indirect cost rate. Information is submitted by the school district or ESC, as applicable, to TEA as part of their annual audit. The indirect cost rate is derived from part of this information. For nonprofit organizations and colleges/universities, the cognizant agency issues the indirect cost rate.