What must a grantee do in order to claim indirect costs under its ANE grant?
Under 34 C.F.R §75.560(b), if a grantee has not already done so, it must obtain a current indirect cost rate from its cognizant Federal agency in order to charge those costs to its grant. The cognizant Federal agency is generally the Federal department or agency providing the grantee with the most Federal funding subject to indirect cost support, or an agency otherwise designated by OMB. However, Department regulations provide that it is the SEA, on the basis of a plan approved by the Secretary that must approve an indirect cost rate for each LEA that requests it to do so. See 34 C.F.R §75.561. For additional information about obtaining an approved indirect cost rate or applying for an indirect cost rate, contact the Department’s Office of the Chief Financial Officer at (202) 377‐3909 or (202) 377‐3838.
Related Questions
- Can a recipient claim the amount of any unrecoverable indirect costs that is greater than the 30% indirect cap as non-federal cost-share?
- On the 15 percent that is available for administrative costs, can the grantee organization charge indirect costs on those expenses?
- Why does the university charge for Facilities and Administration ("F&A") (aka indirect costs or overhead) costs?