--- You wrote:
Eleanor, the first scenario is correct. NIH will not add the new
institution's F&A rate to what is left. The amount to be transferred is a
total, and you must back out your F&A amount accordingly - what is left can
be used for direct costs.
--- end of quote ---

I also agree with this.

--------------------------------------------------------------------------------

Kathryn A. Page
Associate Director
Office of Grants & Contracts
Dartmouth College

(P)  603-646-3659
(F)  603-646-1941

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