13 Oct

University Of Hawaii Indirect Cost Rate Agreement

Indirect costs are budgeted in accordance with the current federal collective agreement of the University of Houston of 17.12.2019. The R&A rate for fiscal year 2021 (55%) is applied to the modified total direct cost. Modified direct costs do not include equipment, participation fees, tuition rebates and subcontracts of $25,000. The university defines equipment as objects that cost at least 5,000 $US and have a life expectancy of at least one year. These items should be included in the budget as equipment and excluded from the MTDC. Some, but not all, U.S. Department of Education and Louisiana Department of Education Teacher Training Grants have an 8% limit of mandatory M&A. .