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.

Understanding 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 ...

A group of higher education associations is pitching the White House and lawmakers on a new model for the federal government ...

Discover how cost accounting treats overhead expenses, how those expenses are different from direct labor, and what counts as overhead.

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.

"What we will hear today is a story of taxpayer dollars going to bloated overhead rather than to scientific research. It is a story of excess and arrogance, compounded by lax governmental oversight." ...

Many of the nation’s most elite research universities receive 50% or more in addition to direct research expenses to cover indirect costs. Going forward, the rate of support will now be 15% for ...

The Massachusetts Institute of Technology, for example, has an indirect cost rate of 59%. That doesn’t mean that 59% of NSF grants awarded to MIT scientists go toward the university’s indirect ...

The National Institutes of Health, the nation’s premier funder of biomedical research, announced Friday that it will immediately slash support for “indirect costs” to research efforts.