04.10.2014 Views

Searching for Grant Opportunities - the list of offices

Searching for Grant Opportunities - the list of offices

Searching for Grant Opportunities - the list of offices

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>Grant</strong> Terminology<br />

Budget Terminology<br />

• Direct costs<br />

Salary (AY [sabbatical and course release] and<br />

summer)<br />

Fringe benefits (<strong>the</strong> AY and Summer rates)<br />

O<strong>the</strong>r direct costs<br />

• Modified Total Direct Costs (MTDC)<br />

• Indirect costs (aka Facilities and Administrative or<br />

F&A costs) – rates vary by institution and type and<br />

location <strong>of</strong> research<br />

• Total costs = direct costs + indirect costs<br />

• Unallowable costs<br />

• Cost sharing –asking <strong>the</strong> institution to split costs<br />

with <strong>the</strong> funding agency (aka: matching funds)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!