Revised Indirect Cost Formula Benefits Faculty and Departments

Posted on 12/1/2009 8:19:52 AM

The Provost and the School of Graduate Studies and Research are pleased to announce a New Formula for the Distribution of F&A (Indirect Funds).

This new formula provides 5 percent of the indirect cost funds to the principal investigator and another 5 percent to the department. No funds were provided to the principal investigator or the department under the old formula. This change was made to reward both faculty and departments for getting grants funded.

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