Good morning all-
I’m working with a PI to prep a grant budget that includes a subaward. Both the prime and the sub include student participant stipends, which have been excluded from our F&A bases. As I was explaining to my PI why our budget assessing the F&A rate on the first $25K of the sub is not double-dipping, he asked a good question: do we charge the F&A rate on the first $25K TDC of the sub OR to we charge it on the first $25K MTDC of the sub? (I’m paraphrasing, but that’s the gist of what he asked. J)
Should I exclude the subaward’s participant stipends when deciding how much of their budget to include in our F&A base each year? I understand that it would amount to the same total in the cumulative (sub is well over $25K), but my PI is over an annual maximum and is trying to reduce costs in a particular year.
What do you think?
Thanks,
-Amy
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Amy Velasco
Director, Office of Sponsored Research
University of La Verne
1950 Third Street
La Verne, CA 91750
(909) 593-3511, ext. 4772
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