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If the F&A is 70%, you'd need to raise $333k to have $100k left for your research budget...
by toothbrush 10y ago
If the F&A is 70%, you'd need to raise $333k to have $100k left for your research budget...
- wocka 10y agoThe other poster made a correct statement. F&A is calculated similarly to a sales tax, for example. If you request a dollar in direct costs, the research establishment gets an additional X% on top of that dollar (X being their negotiated F&A).
- mattkrause 10y agoThe details vary a lot, but it's usually calculated as percentage of the direct costs (like a sales tax). If your grant involves spending $100k on salaries, reagents, services (etc), the total outlay from the sponsor is closer to $170k (at 70% F&A). Here's an example from UW: http://f2.washington.edu/fm/maa/fa/facosts http://f2.washington.edu/fm/maa/fa/facosts In practice, the rate varies a bit. Capital equipment, like a really expensive microscope, is often exempt from F&A, but salaries sometimes have an extra charge (for benefits) attached.
- toothbrush 10y agoOkay, i stand corrected! I was being intellectually lazy and assumed that what you were saying was that 70% of the raised funds were taken by the faculty, but thanks for the detailed example!