Indirect Cost Rates
Illinois Institute of Technology has a new indirect cost rate agreement with the federal
government dated April 7, 2004.
The following indirect cost rates apply to grants and contracts for research, training and
other public service projects for the period June 1, 2004 through May 31, 2007.
| On-Campus research |
50% |
| Off-Campus |
24% |
| On-Campus non-research |
34% |
| Moffett Center (Non-FDA) |
24% |
| Moffett Center (FDA) |
6% |
The above percentages are applied to Modified Total Direct Costs (MTDC), which
consists of all direct costs except equipment, tuition, space rental and subcontract costs
over $25,000.
For grants from corporate sponsors the indirect cost rates will continue to be:
| On-Campus research |
60% |
| Off-Campus research |
30% |
| IPRO projects |
8% |
NOTE: Projects conducted at 303 W. Adams, the Institute of Design or Rice Campus
will use off-campus indirect cost rates.
OMB Circular A-21 Section G.7 states:
Federal agencies shall use the negotiated rates for F&A (aka indirect costs) costs
in effect at the time of the initial award throughout the life of the sponsored
agreement. "Life" for the purpose of this subsection means each competitive
segment of a project. A competitive segment is a period of years approved by the
Federal funding agency at the time of the award. If negotiated rate agreements do
not extend through the life of the sponsored agreement at the time of the initial
award, then the negotiated rate for the last year of the sponsored agreement shall
be extended through the end of the life of the sponsored agreement. Award levels
for sponsored agreements may not be adjusted in future years as a result of
changes in negotiated rates.
This means that the F&A rate used is determined by the award date rather than the
project period of the award.
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