The idea of the modular grant process was to simplify the budgets, however, it's a good idea to prepare one anyway. The NIH will award the grant in modules, so you must use them in your application. Unless you have a salaries and wages base, the IDC will be based on your direct costs. You accounting department still has to make sure that once the grant is awarded they don't request IDC on things like equipment.
-----------------------------------------
Alexander Schoen
Director, Office of Sponsored Programs
Winthrop-University Hospital
259 First Street
Mineola, NY 11501
Phone: (516) 663-8997
Fax: (516) 663-9718
xxxxxx@winthrop.org
-----Original Message-----
From: Deborah Rubie [mailto:xxxxxx@NCCC.ORG]
Sent: Thursday, May 15, 2003 3:19 PM
To: xxxxxx@HRINET.ORG
Subject: [RESADM-L] modular grants
I would appreciate some help on calculating the base and indirect cost for modular grants. When completing the checklist page for modular grants, should the base be actual costs we've calculated or the cost rounded up to the nearest 25K. For example, if the cost for the project is 48,000, should the base cost be 48,000 or 50,000? And should the indirect cost be calcuated on the actual cost (48K) or 50K?
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