For a listing of current indirect cost rates, click here . Some Federal programs do not allow the audited indirect cost rates, but rather specify the base and percentage to be used. Also, many private agencies have established their own indirect cost rates. The University policy on indirect costs is to request the Federally audited rates shown above in all cases where no other rate is specified and consistently applied by the funding agency. Cost-Sharing Cost sharing specifically refers to a portion of the total project costs contributed by the University.
Some agencies require no cost sharing.
When required, the percentage of cost-sharing differs from agency to agency and even from project to project. The normal method of cost-sharing is to show a percentage of the Principal Investigator's time as being devoted to the project during the academic year. It imposes a formal obligation on the University, and must be accounted for later. The salary shown for this percentage of time is calculated in exactly the same manner as in the proposed budget. Fringe benefits and indirect costs are also calculated on the basis of this salary in the same manner as before.