4 ms·
At my institute, that's not how overhead is calculated. Overhead is a percentage of what the PI is budgeted for. So for a $500K grant, 53% overhead really mean
by the_snooze 5y ago
At my institute, that's not how overhead is calculated. Overhead is a percentage of what the PI is budgeted for.
So for a $500K grant, 53% overhead really means about 34.6% of $500K. The university's cut is $173K, which is 53% of the PI's budget of $327K.