Direct and Indirect Cost Charging Policy
Policy Number: 100-600-015 Academics and Research
Policy Title: Direct and Indirect Cost Charging Policy
Effective Date: April 3, 2007
Last Updated: April 3, 2009
Next Review Date:
Responsible Officer: Vice President for Research
Responsible Office: Office of the Vice President for Research; Office of the Controller
Summary: This Policy provides a foundation for good stewardship of funds entrusted to Howard University in defining how expenses are budgeted and charged to sponsored projects. As a recipient of federal awards, the University complies with federal guidelines and principles for determining costs applicable to grants, contracts, and other agreements.
Keywords: costs, expenses, allowability, disallowance, exclusions, F&A, facilities and administrative costs