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Rates

Indirect Cost Rates

Illinois Institute of Technology has a new indirect cost rate agreement with the federal government dated February 1, 2019.

The following indirect cost rates apply to grants and contracts for research, training and other public service projects for the period June 1, 2019 through May 31, 2023.

On-Campus research

54%

Off-Campus

24%

On-Campus non-research

34%

Moffett Center (Non-FDA)

26%

Moffett Center (FDA)

11%


The following indirect cost rates apply to grants and contracts for research, training and other public service projects for the period June 1, 2015 through May 31, 2019.

On-Campus research

53%

Off-Campus

24%

On-Campus non-research

34%

Moffett Center (Non-FDA)

24%

Moffett Center (FDA)

11%


The above percentages are applied to Modified Total Direct Costs (MTDC), which consists of all direct costs except equipment, tuition, tuition remission, participant support, space rental and subcontract costs over $25,000.

For grants from corporate sponsors the indirect cost rates will continue to be:

On-Campus research

60%

Off-Campus research

30%

IPRO projects

8%

NOTE: Projects conducted at the Institute of Design, Fermi and Argonne National Laboratories, or Rice Campus will use off-campus indirect cost rates.

2 CFR PART 200 - UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS -  APPENDIX III
C. DETERMINATION AND APPLICATION OF INDIRECT (F&A) COST RATE OR RATES
7. FIXED RATES FOR THE LIFE OF THE SPONSORED AGREEMENT 

7. Except as provided in paragraph (c)(1) of §200.414 Indirect (F&A) costs, Federal agencies must use the negotiated rates in effect at the time of the initial award throughout the life of the Federal award. Award levels for Federal awards may not be adjusted in future years as a result of changes in negotiated rates. “Negotiated rates” per the rate agreement include final, fixed, and predetermined rates and exclude provisional rates. “Life” for the purpose of this subsection means each competitive segment of a project. A competitive segment is a period of years approved by the Federal awarding agency at the time of the Federal award. If negotiated rate agreements do not extend through the life of the Federal award at the time of the initial award, then the negotiated rate for the last year of the Federal award must be extended through the end of the life of the Federal award.

Indirect Cost Agreements

IIT Indirect Cost Agreement 06.01.2019 to 05.31.2023 – Updated Fringe Benefits Rate approved 02.01.2019
IIT Indirect Cost Agreement 06.01.2015 to 05.31.2019 – Updated Fringe Benefits Rate approved 03.10.2018

IIT Indirect Cost Agreement 06.01.2019 to 05.31.2023
IIT Indirect Cost Agreement 06.01.2015 to 05.31.2019

IIT Indirect Cost Agreement 06.01.2012 to 05.31.2015
IIT Indirect Cost Agreement 06.01.2009 to 05.31.2012
IIT Indirect Cost Agreement 06.01.2007 to 05.31.2009
IIT Indirect Cost Agreement 06.01.2003 to 05.31.2007
IIT Indirect Cost Agreement 06.01.2000 to 05.31.2003
IIT Indirect Cost Agreement 06.01.1996 to 05.31.2000
IIT Indirect Cost Agreement 06.01.1991 to 05.31.1996