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F&A Rates

The F&A Rates subsection displays the facilities and administrative cost rate(s) that are associated with an award.  You may enter different rates for multiple periods, if appropriate.

The section details information on:

      Rate – F&A percentage and base for calculation

      Time – The fiscal year(s), start and end dates associated with each rate

      Place – On/off campus indicator

      Unrecovered F&A – Dollar amount, expense destination, and revenue source to cover this amount

      Comments – Details about the F&A rates

Figure 824 Award Document, Commitments Page, Rates Section – F&A Rates Subsection Example

 

Table 379 Award Document, Commitments Page , Rates Section – F&A Rates Subsection Column Descriptions

Column

Description

Rate

Required.  The F&A Rate for the specified period and location.  Enter the Rate into the box.

Type

Required.  The F&A base for calculating F&A on expenditures.  Click dropdown.gif to select the Type.

Fiscal Year

Required.  The year to which the F&A Rate applies, as determined by your institution’s F&A rate agreement.  Enter the Fiscal Year in YYYY format.

Start Date

Required. 

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KC fills both the Start Date and End Date when you press the [Tab] key after entering the Fiscal Year and when you click Picture next to the Start Date.  You can change the Start Date and End Date to reflect a partial period.

Enter the Start Date in MM/DD/YYYY format or select the Start Date by clicking Picture.

End Date

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KC fills both the Start Date and End Date when you press the [Tab] key after entering the Fiscal Year and when you click Picture next to the End Date.  You can change the Start Date and End Date to reflect a partial period.

Enter the End Date in MM/DD/YYYY format or select the End Date by clicking Picture.

Campus

Required.  The location of the proposed work, on- or off-campus.  Click dropdown.gif to select the Campus.

Unrecovered F&A

The amount of indirect costs not covered by the sponsor.  Enter the Unrecovered F&A into the box.

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Use this when the sponsor-allowed F&A Rate is lower than the institution’s rate.

Source

The account or department that pays for the Unrecovered F&A.  Enter the Source into the box.

Destination

Charge the Unrecovered F&A to this account number, if applicable.  Enter the Destination into the box.

Actions

Click  to save the new entry in the F&A Rates subsection.

Click  to remove the entry on that row from this subsection.

Click  to update the Unrecovered F&A after adding or deleting an entry.

Comments

Information about the F&A Rates for future reference.  Enter Comments into the box. 

Expand the text field for additional notes by clicking  to open a pop-up box.

 

When you click button_validF&Arates.jpg, KC displays the Valid Rates Lookup screen:

 

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Figure 825 Valid Rates Lookup

 

Find and enter the Rate in the F&A Rates subsection.