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Credit Card Payments Altieri, Joanne 22 Aug 2001 18:00 EST

Colleagues:

We are trying to set up a system to accept credit card payments for
sponsored projects and have some important questions for those of you that
have already done this:

Is the credit card fee that is charged by the bank an allowable cost on a
federal project?  How about a non-federal project?  If you do not charge it
as a direct cost to the project, is it absorbed under your F & A costs?

I would really appreciate hearing from any of you that have already answered
these questions.

Thanks,

Joanne K. Altieri
Director
Contract Negotiations and Research Compliance
University of Kansas and
University of Kansas Center for Research, Inc.
2385 Irving Hill Road
Lawrence, KS  66045-7563
Phone:  785/864-7462
Fax:  785/864-5049
E-mail:  xxxxxx@ukans.edu

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