Friday, June 28, 2013

Fordham has a NEW Indirect Cost (F&A) Rate

As of July 1, 2013, our on-campus rate is going up to 78.5% and our off-campus rate is going up to 39%. As a reminder, these are the rates we must use when there is no cap on the F&A rate for a grant proposal. Our full rate is calculated against our salaries and wages only, and includes our fringe benefits. If there is a cap on F&A for a grant proposal, you must use the capped rate on the total direct costs, not just Fordham personnel costs.