Ohio Administrative Code
Title 3356 - Youngstown State University
Chapter 3356-10 - Policies on Admission, Retention, and Graduation standards
Section 3356-10-13.2 - Payment of indirect costs on external grants and contracts
Current through all regulations passed and filed through December 16, 2024
(A) Policy statement. Externally sponsored grants and contracts typically pay for both direct costs and indirect costs. All funding organizations must pay indirect costs at the prevailing authorized rate for Youngstown state university ("university") based on the federallynegotiated rate. In case of waiver or reduction, indirect costs shall be included as part of institutional match on the grant project.
(B) Parameter. Sponsored programs and grant projects have budgets depicting the actual costs, including both direct and indirect costs. Indirect costs, or facilities and administrative ("F&A") costs, have been deemed as real and allowable in federally sponsored programs and are paid at a federally negotiated rate with the U.S. department of health and human services. In some cases, the allowable percentage of indirect costs is reduced by the federal, state or local agency.
(C) Procedures.