I try not to start your Friday with bad news, however, this one is important.
NSF Policy Notice: Implementation of Standard 15% Indirect Cost Rate: Effective May 5, 2025, NSF will apply a standard indirect cost rate not to exceed 15% to all grants and cooperative agreements awarded to IHEs for which indirect costs are allowable.[1] The awardee is authorized to determine the appropriate rate up to this limit. This Policy Notice serves as public notification of the policies, procedures and general decision-making criteria that NSF has used to justify deviation from negotiated rates for all awards in accordance with 2 CFR 200.414(c) for the class of NSF financial assistance awarded to IHEs.
------------------------------
Gloria W. Greene, CRA, MA
SRAI Immediate Past-President 2024-26
SRAI Distinguished Faculty
The University of Alabama in Huntsville
Assistant Vice President, Contracts and Grants and Research Compliance
Office of The Vice President for Research and Economic Development
Huntsville, A:L 35899
256-824-2657
greeneg@uah.edu------------------------------