Facilities & Administrative Costs also known as Indirect Costs are defined by the federal government:
“as those costs incurred for a common or joint purpose benefitting more than one cost objective, and not readily assignable to the cost objectives specifically benefitted, without effort disproportionate to the results achieved” 2 CFR 200.56
UMD’s current negotiated on-campus rate: 54.5%
The rate agreement and additional information on F&A rates can found at: http://ora.umd.edu/resources/fa
NOTE: UMD is in the process of obtaining a new F&A rate agreement. The new negotiated rates will be announced upon approval. Please contact Cost Accounting with questions.