Temple University F&A Rate Agreement
Temple University F&A Rate Agreement: What You Need to Know
If you`re a researcher or grant writer at Temple University, then you`ll need to understand the F&A rate agreement. F&A stands for Facilities & Administrative costs, and this rate determines how much of your grant budget can go towards covering indirect costs. In this article, we`ll explain what the F&A rate agreement is and how it affects your research funding at Temple University.
What is an F&A rate agreement?
An F&A rate agreement is an agreement between a university and the federal government that determines the indirect costs associated with research. Indirect costs are expenses that aren`t directly related to the specific research project, but are necessary to support the research activities. These costs can include things like utilities, administrative support, and facilities maintenance.
The F&A rate agreement sets a percentage that can be applied to the direct costs of a grant to cover these indirect costs. For example, if a grant is awarded for $100,000 and the F&A rate is 50%, then $50,000 can be used to cover indirect costs.
How does the F&A rate agreement affect Temple University researchers?
The F&A rate agreement affects researchers and grant writers at Temple University in several ways. First, it determines how much of their grant budget can be used to cover indirect costs. This can affect the amount of funding available for direct research activities, such as hiring staff and purchasing equipment.
Second, the F&A rate agreement can vary depending on the type of research being conducted. For example, clinical trials or research involving human subjects may have a different F&A rate than basic research in a laboratory.
Finally, the F&A rate agreement can also affect the competitiveness of grant proposals. A higher F&A rate may make a grant proposal less competitive, as it may require more funding to cover indirect costs than a proposal with a lower rate.
What is Temple University`s F&A rate agreement?
Temple University`s F&A rate agreement is negotiated with the federal government every few years. Currently, Temple University`s F&A rate is 55% for on-campus research and 26% for off-campus research. This means that for every dollar of direct costs on a grant, 55 cents can be used to cover indirect costs for on-campus research, and 26 cents can be used for off-campus research.
It is important to note that the F&A rate agreement is not fixed and can change over time. Researchers and grant writers at Temple University should regularly check for updates to the F&A rate agreement to ensure they are budgeting correctly for their research projects.
In conclusion, understanding the F&A rate agreement is essential for researchers and grant writers at Temple University. It determines how much of their grant budget can be used to cover indirect costs and can affect the competitiveness of grant proposals. By staying up-to-date with Temple University`s F&A rate agreement, researchers can ensure they are budgeting correctly and maximizing their available funding for research activities.