In financial accounting and taxes, attributing expenses to the correct category isn’t just a tip or guideline; it’s a requirement when filing IRS forms, requesting grant funds, or reporting to ...

A coalition of universities, medical centers and other research institutions have pitched proposals on new funding models for how the federal government covers indirect costs that support research ...

“It is not possible to perform the research funded by direct costs without the infrastructure supported by indirect costs,” said Eric W. Kaler, PhD. On February 10, a group of 22 state attorneys ...

Senior Vice Chancellor for Research and Innovation and Dean of Institutes, Massimo Ruzzene, and Senior Vice Chancellor for Business, Finance and Infrastructure, Todd Haggerty, announced that CU ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

The National Institutes of Health has made a landmark decision that could irreparably damage the backbone of American scientific innovation: a dramatic reduction in the indirect cost rate for research ...

Indirect cost recovery (ICR) seems like a boring, technical budget subject. In reality, it is a major source of the long-running budget crises at public research universities. Misinformation about ICR ...

As an additional note, the new indirect cost rate agreement retains the historical definition of ‘Modified Total Direct Costs’ (MTDC); therefore, the thresholds remain at $25,000 for subawards and ...

The National Institutes of Health’s (NIH) plan to cut indirect cost reimbursement for NIH-funded research grants will have “a significantly disruptive impact on UB’s ability to carry out lifesaving ...

Harvard’s top research officer submitted a declaration alongside a lawsuit filed on Monday by 13 United States universities over the Trump administration’s order to limit funding for indirect costs ...