We have been using credit cards for a number of years and have included the
fees as an allowable charge. This is similar to the "overhead" that some of
our campus services provide that they must absorb therefore they add this
fee to their costs.
Paul C. Parker
Assistant Vice President
for Research Administration
State University of New York
PO Box 6000
Binghamton, NY 13902-6000
(607)-777-6752 fax (607)-777-4354
email: xxxxxx@binghamton.edu
-----Original Message-----
From: Research Administration List [mailto:xxxxxx@hrinet.org]On Behalf
Of Altieri, Joanne
Sent: Wednesday, August 22, 2001 7:00 PM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] Credit Card Payments
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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