F&A [Facilities & Administrative] costs, also known as IER [Indirect Expense Recovery] or Indirect Costs, are real costs that are necessary to cover expenses which cannot be charged directly to a ...
Activities funded by external sponsors or separately budgeted internal programs that are formally organized to produce research outcomes. These are clearly structured and often require detailed budget ...
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 indirect cost rate is a percentage of Modified Total Direct Costs negotiated and approved by the Department of Health and Human Services. This means that when proposals for grants and contracts ...
In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...
Massachusetts Hall is located in Harvard Yard and houses the University president's office. As indirect costs from the National Institutes of Health hang in legal limbo, Harvard's rate has come under ...
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