Matt comes to us from University of Colorado Health Sciences. He has an extensive background in the area of grant and contract accounting. The total number of proposals submitted in FY97 was 350 as compared to 278 submissions in FY96. The following chart shows a comparison of dollar amount of proposals and awards over the period of four fiscal years. The indirect costs collected in FY97 totaled 3.8 million.
Total volume is the total of money actually spent on a sponsored program.
MTDC is Modified Total Direct Costs and is the basis for the University's recovery of indirect costs and the University's indirect cost rate. MTDC is comprised of salary, wages, fringe, subcontracts up to 25k, supplies and expenses, and travel. This section details the Academic Research by department. We are pleased to report that the volume for some non-traditional research departments was up. The average days aged has been reduced from 160 days to 38 days.