Indirect Cost Rates for Grants Explained
By Catherine Schofield, Contributing Writer
Since President Donald Trump took office, his administration has directed federal departments to slash indirect cost rates on grants awarded to universities, including Towson University.
These rates support research at colleges by providing funding for supplemental research costs.
What are Indirect Cost Rates?
Indirect costs are extra expenses that universities undertake to support research that grant money won’t inherently pay for.
Recent Developments
The administration started with the National Institute of Health (NIH) in February, ordering it to cut indirect rates down to 15% across the board.
Indirect costs are extra expenses that universities undertake to support research that grant money won’t inherently pay for.
The Towerlight explains what indirect cost rates are and how they affect Towson.
Author's summary: Explaining indirect cost rates for grants.