Re: Federal Indirect Cost Rates
Barbara Gray 06 May 1997 07:45 EST
In response to Richard Chute's inquiry, our IDC rate is 53.5% of Salaries,
Wages, and Fringe Benefits. NSF and other federal agencies that understand
IDC have never balked at this rate for research or considered us
non-competitive. A higher rate on a salaries and fringes or salaries only
base may in many cases actually be less in real dollars than a lower rate
that is applied to modified total direct cost base (MTDC). We have an
annual volume of sponsored activity of about $4 million.
Barbara H. Gray Telephone: 803-953-5673
Director of Sponsored Programs Fax: 803-953-6577
College of Charleston e-mail: xxxxxx@cofc.edu
Charleston, SC 29424