Direct Cost

Costs that can be identified specifically with a particular sponsored project, an instructional activity, or any other institutional activity, or that can be directly assigned to such activities relatively easily with a high degree of accuracy.

Figure 975  Award Budget Document > Modular Budget Page > Direct Cost Section - Example

 

Table 462 Award Budget Document > Modular Budget Page > Direct Cost Section – Field Descriptions

Field

Description

Direct Cost Less Consortium F&A

The direct costs from the detailed budget, less any direct costs that are associated with a consortium’s F&A costs – this value is then converted into module increments of $25,000.  Sync button converts to nearest 25K increment (rounding up only).  Consortium is also known as a sub-award or subcontract.  Direct costs requested for the period, not including any amounts budgeted for Consortium F&A. 

Consortium F&A

The direct costs requested in the budget that are associated with a subcontract’s F&A (if any).  Sync button pulls the “actual” direct cost amount (associated with the subcontract’s F&A) from the detailed budget.  Costs budgeted for Consortium F&A (indirect costs on budgeted subawards). 

Total Direct Cost

Direct Costs plus Consortium F&A Costs (excluding the institution’s F&A costs) being requested to the sponsor for the period.  The sum of the Direct Cost Less Consortium F&A field & the Consortium F&A field.