When it comes to research funding, the University of Wisconsin (UW) is committed to transparency and accountability. As part of this commitment, the university has established an F&A (facilities and administrative) rate agreement to ensure that all direct and indirect expenses associated with research are adequately compensated. In this article, we will dive deeper into the details of the UW F&A rate agreement.
What is an F&A rate?
An F&A rate, also known as an indirect cost rate, is the percentage of a grant or contract that is used to cover indirect expenses, such as facilities maintenance, utilities, and administrative costs. In other words, it is the amount of money that is allocated to cover expenses that are not directly tied to a research project but are necessary to ensure that the project can be conducted.
How is the F&A rate determined?
The F&A rate is determined based on a negotiation process between the university and the federal government. This negotiation takes place every few years and is based on a comprehensive audit of the university`s indirect costs. The F&A rate is calculated based on a percentage of the university`s direct research expenditures.
What is the current F&A rate at the University of Wisconsin?
The current F&A rate at the University of Wisconsin is 55.5% for on-campus research and 26% for off-campus research. This means that for every dollar that is spent on direct research expenses, an additional 55.5 cents (or 26 cents for off-campus research) is allocated to cover indirect expenses.
How is the F&A rate used?
The F&A rate is used to cover a wide range of expenses that are necessary to ensure that research can be conducted at the university. This includes expenses such as utilities, facilities maintenance, and administrative costs. The F&A rate is also used to fund research support services such as the Office of Research and Sponsored Programs, which provides support to researchers throughout the grant application process and helps to ensure that research is conducted in compliance with federal regulations.
Overall, the University of Wisconsin`s F&A rate agreement is an important part of the university`s commitment to transparency and accountability in research funding. By ensuring that all direct and indirect expenses associated with research are adequately compensated, the university is able to provide researchers with the resources and support they need to conduct groundbreaking research that benefits society as a whole.