Definition of Indirect Costs. Indirect costs are expenses that are not directly tied to a specific product or service.

Knowing the difference between direct and indirect costs is important for pricing, taxes, and financial health. See how these expenses differ and why it matters.

A federal judge tossed out the National Science Foundation’s policy capping reimbursements for costs indirectly related to ...

Harvard’s indirect cost rate — the percent of federal funding that covers administrative costs of research — is currently 69 percent, the largest of any Ivy League school.

On February 7, the NIH announced that it would begin capping indirect cost payments for new and existing research grants at 15%. Menu SECTIONS. Home; ... This announcement will mean less research.

That doesn’t mean that 59% of NSF grants awarded to MIT scientists go toward the university’s indirect costs.

The indirect cost rate is intended to cover overhead and the federal government has been paying an exorbitantly high rate. ... meaning many foundations do not fund indirect costs whatsoever.

Facilities and Administrative (F&A) Costs are charged to externally sponsored awards, unless specifically prohibited by the funding agency. A percentage of F&A Costs recovered from sponsored projects ...

“A cut to the reimbursement of necessary research costs is a cut to research, plain and simple,” writes Barbara R. Snyder, president of the Association of American Universities.

The policy, currently blocked by a federal court, would limit NIH research funding for "indirect costs," or overhead expenses, to 15%, which is far below what some institutions receive.

These items are not included as indirect costs, but it could still mean a large loss in revenue for St. Jude. Over the past five years, St. Jude has annually received over $100 million from the NIH.