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Some lawmakers and the Trump administration have criticized the government’s long-standing model for reimbursing universities ...
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% ...
The US National Institutes of Health is lowering the maximum “indirect cost rate” that research institutions can charge the government, the agency said late Friday – a move that scientists ...
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Under30CEO on MSNDirect Costs vs Indirect Costs: Understanding the DifferenceUnderstanding the difference between direct costs and indirect costs is crucial for anyone running a business. This knowledge helps in accurately tracking expenses, setting prices, and maximizing tax ...
How, when and why did indirect costs originate as a separate bucket from direct costs? Why and how has the rate increased since the 1940s, when it was just 8 percent? How are indirect costs ...
The 15% indirect cost rate cap policy will apply to all current grants "for go forward expenses from Feb. 10, 2025, forward, as well as for all new grants issued.
And, according to the agency, the average rate of overhead expenses reported by NIH was 27% to 28%, with some institutions reporting rates of more than 60% in indirect costs.
And since indirect costs are still funded by taxpayer dollars, we ought to care about how that money is being spent, and about the process by which these rates are calculated.
The University filed a joint suit against the National Science Foundation after the agency announced it would reduce funding for indirect costs of research to a universal 15 percent rate, down from a ...
NIH’s Supplemental Guidance purportedly supersedes existing indirect cost rates even if there was a negotiated rate in place: effective February 10, for “any new grant issued, and for all ...
F&A rate agreements and pass-through entities A pass-through entity—a non-federal entity that provides a subaward to a subrecipient to carry out part of a federal project—is not authorized to make ...
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