As part of its role in ensuring that all sponsored activity at the university is proposed, conducted, and accounted for at the standards set forth by the university and sponsors, the Office of Sponsored Programs Administration is eager to share insight and knowledge about budget preparation and administration of costs whenever possible. Facilities and Administrative (F&A) cost recovery is critical to the success of an academic research enterprise. Understanding the calculations behind MU’s F&A rate can be a challenge even for a seasoned Research Administrator. The following video, courtesy of the University of Maryland, explores this important component of managing costs in sponsored research:
Understanding the Facilities and Administration (F&A) Cost Calculation
This video explains all of the ins and outs of why the university must apply a certain negotiated F&A rate and how we arrived at our rate.