A clear grasp of indirect costs and the methods used to calculate them is essential for making the most of your funding. Accurate calculation and reporting can open the door to higher reimbursements and create opportunities for additional funding. To realize these advantages, grant managers need a solid understanding of what indirect costs entail and how to account for them properly.
This refreshed explainer covers:
A breakdown of what qualifies as indirect costs and what does not
Step-by-step guidance on calculating indirect costs
Details on who can apply the de minimis rate
The ways indirect costs may influence your programs and future funding opportunities