F and A (IDC) Calculation Examples
Example 1 (without subaward/subcontract)
NSF proposal - allows full federal research rate, 44% Modified Total Direct
MSU Budget Detail | ||
Salaries | $36,000 | |
Benefits | $11,520 | |
Travel | $6,000 | |
Supplies | $2,700 | |
Equipment | $12,000 | |
TDC | $68,220 | Total Direct Costs |
Subtotal | $68,220 | |
IDCs | $24,737 | IDCs are calculated as total direct costs less equipment >5,000; 68,220 - 12,000 = 56,220 * .44 = 24,737 |
Total | $92,957 |
Example 2 (with subaward/subcontract)
NSF proposal - allows full federal research rate, 44% Modified Total Direct
Proposal includes 2 subcontracts of $35,000 each
MSU Budget Detail | ||
Salaries | $36,000 | |
Benefits | $11,520 | |
Subcontracts | $70,000 | 2 @ $35,000 |
Travel | $6,000 | |
Supplies | $2,700 | |
Equipment | $6,000 | |
TDC | $138,220 | Total Direct Costs |
Subtotal | $138,220 | |
MTDC* | $112,220 | Modified Total Direct Costs are calculated as total direct costs less equipment >$5,000 and the amount of each subcontract that exceeds $25k [138,220 - 6,000 - (35,000-25,000) - (35,000-25,000) = $112,220] |
IDCs | $49,377 | Indirect Costs are calculated as Modified Total Direct Costs times 44%; 112,220 * .44 = $49,377 |
Total | $187,597 | Total Costs are calculated as Total Direct Costs + Indirect Costs; 112,220 + 49,377 = $187,597 |
Example 3
State of Montana (Board of Regents Policy) allows 25% - unless federal pass-through, then full federal negotiated rate applies
MSU Budget Detail | 25% of total direct costs | |
Salaries | $35,000 | |
Benefits | $11,200 | |
Travel | $4,500 | |
Supplies | $2,750 | |
TDC | $53,450 | Total Direct Costs |
IDCs | $13,363 | Indirect Costs are calculated as Total Direct Costs times 25%; 53,450 * .25 = $13,363 |
Total | $66,813 | Total Costs are calculated as Total Direct Costs + Indirect Costs; 112,220 + 49,377 = $187,597 |
Example 4
Cost Share/Match Calculation; Montana Board of Research and Commercialization requires 25% match of total funds requested
MSU Budget Detail | 25% of total direct costs | |
Requested from sponsor | $187,500 | |
25% match required | $62,500 | |
Total | $250,000 | (25,000 * .75 = $187,500) (250,000 * .25 = $62,500) |
MSU's Cost Sharing Policy is available at https://www.montana.edu/policy/principal_inv/prin400.html
For specific budget questions, contact your OSP Fiscal Manager at 994-2381. Fiscal Manager department assignments are available at http://www.montana.edu/research/osp/aboutus/index.html