The National Institutes of Health (NIH) has issued a grants policy statement regarding a change in indirect cost rates due to a recent executive order. The NIH is implementing a standardized 15% ...

In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

Massachusetts Hall is located in Harvard Yard and houses the University president's office. As indirect costs from the National Institutes of Health hang in legal limbo, Harvard's rate has come under ...

Since 1947, the federal government has provided research institutions with funding for administrative and facilities costs such as rent, heating, and electricity in addition to direct costs for ...

The Indirect Cost Rate Agreement, also known as the Facilities and Administrative (F&A) Cost Rate Agreement, between CU Boulder and the U.S. Department of Health and Human Services (DHHS) was ...

Note: This post was updated with new information on February 13, 2025. On February 7, the National Institutes of Health (NIH) issued Supplemental Guidance to its 2024 NIH Grants Policy Statement, ...

Senior Vice Chancellor for Research and Innovation and Dean of Institutes, Massimo Ruzzene, and Senior Vice Chancellor for Business, Finance and Infrastructure, Todd Haggerty, announced that CU ...

As an additional note, the new indirect cost rate agreement retains the historical definition of ‘Modified Total Direct Costs’ (MTDC); therefore, the thresholds remain at $25,000 for subawards and ...

If you work at a research institution receiving federal funding and are in possession of an internet connection, chances are you’ve been nervously following the legal and political battle over recent, ...

Forbes contributors publish independent expert analyses and insights. I write on the human/political issues surrounding college admissions. VESPASIANO, BRAZIL - JULY 07: A lab technician holds a PCR ...