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Indirect Cost Rebate

Each year, the Office of Research credits an amount equal to 10% of the indirect costs from sp[onsored projects during the preceding fiscal year (June 1-May 31) to the investigators' indirect cost rebate (ICR) fund.

Indirect Cost Rebate Policy

Effective FY21, the timeline for this process is as follows:

December 31: Earned rebate amount from prior fiscal year (June 1-May 31) communicated to PIs and request process to share with co-PIs opened

January 31: Deadline to indicate share of ICR with co-PIs

May 1: Updated ICR balances communicated and budget request process commences

May 31: Decisions made and communicated for all requested budget for new year

June 1: Budgets available for spending

Post-Award Resources