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INDIRECT
COSTS EXPLAINED
Indirect
Cost:
Real costs that are incurred
for common or joint objectives
and cannot be identified with
a particular project or program.
For a more detailed explaination
of indirect costs click here.
This is where the "Indirect
Costs Explained" should go…
(Copy
of Rate Agreement)
Direct Costs:
Costs that can be specifically
identified with a particular
project or program.
Modified
Total Direct Costs (MTDC)-
Total direct costs less individual
items of equipment in excess
of $2,000, individual subcontracts
and subgrants in excess of
$25,000, and tuition payments.
Fringe Benefits:
Includes FICA, workers compensation,
unemployment compensation,
medical insurance, group life
insurance, employee retirement
compensation, faculty and
staff fee waivers, and educational
leave.
Escalation
Factors:
Factors should be used when
budgeting out years.
Tuition
and Stipend
Rates: Tuition is to be charged
on all projects except when
sponsor disallows this type
of cost.
Travel
Per Diems:
Maximum allowable rates per
state policies.
Consultant
Fees: Maximum allowable
rate per day.
|
Type |
FY 07 |
FY 08 |
FY 09 |
Research On-Campus *
|
56% |
56.8% |
58.5% |
Research On-Campus **
|
59.3% |
60% |
61% |
| |
|
|
|
Research Adjacent *
|
27.5% |
27.5% |
27.4% |
Research Adjacent **
|
31% |
31% |
31% |
| |
|
|
|
Research Remote * |
26% |
26% |
26% |
Research Remote ** |
29% |
29% |
29% |
| |
|
|
|
Instruction On-Campus
|
57% |
57% |
57% |
Instruction Off-Campus
|
26% |
26% |
26% |
| |
|
|
|
Other On-Campus |
38% |
38% |
38% |
Other Off-Campus |
22.7% |
22.7% |
22.7% |
| |
|
|
|
Ag Exp Stat On-Camp
|
42.3% |
42.3% |
42.3% |
Ag Exp Stat Off-Camp
|
23.6% |
23.6% |
23.6% |
*Applies
to all DoD contracts awarded
or issued before 11/30/1993,
all non-DoD instruments and
all DoD grants. (Capped
Rate)
** Applies to all
DoD contracts awarded or issued
after 11/30/1993 in accordance
with and under the authority
of DFARS 231.303(1). (Uncapped
Rate)
| |
|
|
| |
FY
06 |
FY
07 |
FY
08 |
FY
09 |
FACULTY
(Tenure Track) |
33.0% |
33.25% |
32.50% |
35.25% |
RESEARCH
FACULTY |
34.0% |
35.5% |
35.25% |
38.00% |
| PART-TIME
FACULTY |
|
16.25% |
21.50% |
27.00% |
| CLASSIFIED
STAFF |
40.5% |
44.0% |
45% |
49% |
| SUMMER
FACULTY |
9.5% |
8.0% |
7% |
6.75% |
| GRAD
RESEARCH ASSISTANTS |
7.0% |
8.5% |
7% |
6.75% |
| PART-TIME
WAGES |
9.5% |
8.0% |
7% |
6.75% |
|
|
|
|
|
|
|
| |
| |
|
|
FACULTY
(AY & CY) |
6.5% |
|
On
12/1 each year |
| CLASSIFIED
STAFF |
4% |
|
On
12/1 each year |
| WAGE |
4% |
|
On
12/1 each year |
| GRA's |
3% |
|
On
8/16 each year |
| TUITION |
9% |
|
On
8/16 each year |
| OTHER
DIRECT COSTS |
3
- 5% |
|
Annually |
|
| |
TUITION
and Academic Fee (GRA's) |
|
| |
Non-Engineering |
|
Engineering |
| FALL
2007 |
$3,855.50 |
|
$3,990.50 |
| SPRING
2008 |
$3,855.50 |
|
$3,990.50 |
| |
|
|
|
| FALL
2008 |
$4,197.00 |
|
$4,467.00 |
| SPRING
2009 |
$4,197.00 |
|
$4,467.00 |
|
| |
|
| |
| |
| |
| |
| The
maximum daily consulting
rate is $537 per day.
|
|
| NOTES
CIT
requires matching funds,
does not fund equipment,
tuition or office supplies,
and does not pay indirect
costs.
NSF
proposals no longer
will include 5% cost
sharing of P.I.s salary,
fringes, and indirect
each year unless the
program requires or
highly recommends it.
If cost-sharing is required,
the amount for each
year should be included
on the Approval Form,
and on the NSF budget
pages, line M of Form
1030. Please check with
OSP for current guidelines
and forms. All NSF forms
are located on the internet
at www.nsf.gov
Cost
Sharing
is not to be offered
on proposals unless
sponsor requires it.
We never cost share
to NASA or Air Force
unless they request
it in a special program.
Hours
are
only reported on a conversion
basis when required
by the sponsor. In accommodating
this requirement, there
are 52 weeks, or 2080
hours, in a Calendar
Year. There are 39 weeks,
or 1560 hours, in an
Academic Year. We use
a figure of 173.3 hours/month
in budgeting for faculty
and staff, and 86.67
hours/month for graduate
students. Summer is
budgeted at 520 hours,
or 13 weeks. One summer
session is considered
6.5 weeks in budgeting.
Tuition
is included in all budgets
that have a graduate
stipend. The tuition
is budgeted in proportion
to the graduate student's
time on the fund. Summer
tuition is included
only if the PI requests
it. Normally, a graduate
student does not take
more than 3 hours credit
in the summer, so we
budget the lowest rate.
This includes both summer
sessions. Academic tuition
is currently $7,710.
This increases by 9%
effective August 16,
2008. (In cases where
the sponsor will not
pay tuition, the PI
must provide documentation
and a resource/fund
number for the student's
tuition.)
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