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Curious, what % of costs of a grant are usually consumed by the UNi - are these to pay for equipment, power, lab time, etc? Or are they slurping funds for othe
by samstave 3y ago
Curious, what % of costs of a grant are usually consumed by the UNi - are these to pay for equipment, power, lab time, etc?
Or are they slurping funds for other aspects of the uni's operations?
- klodolph 3y agohttps://academia.stackexchange.com/questions/25910/what-does-overhead-rate-mean https://academia.stackexchange.com/questions/25910/what-does... Overhead includes things like administrative & support staff, equipment depreciation, etc. It’s often calculated as some percentage of the grant. Then you fill out your timesheet to bill hours to specific grants, so it can all be tracked.
- intrasight 3y agoUniversities typically take 50%
- HWR_14 3y agoUsually about half. It's designed to cover the costs of running a university research program spread across all the projects. So a 10MM project provides 10x the funding that a 1MM project provides. Think things like health insurance for the researchers, covering time between projects, lab capital costs, electricity, administration, accounting, even the cost of writing grants. There's a valid question of if that number can be smaller, but the general concept makes sense.