New and experienced grant administrators are invited to a new training session Thursday, Oct. 23, titled, “Direct and F&A Costs: Observing the Road Signs while Navigating from Budget Creation to Expending Costs.”
The training session is co-hosted by the UNMC Office of Budget, Analysis and Financial Compliance, Sponsored Programs Administration, and Sponsored Programs Accounting.
The training session will outline policies, practices and exceptions related to sponsored programs administration for using and applying direct and F&A costs. The session will focus on the:
- costs of research;
- federal regulations governing the differences between direct and F&A (facilities and administrative) costs;
- categorization of proposals as “major grants;”
- differences between allowable and unallowable costs;
- responsible person for making costing decisions;
- definitions for each budget category;
- policies that pertain to each budget category; and
- procedures taken for specific circumstances: budgeting outside of “standard” policy, expending in categories different than budgeted and defining expenses normally F&A, but become direct costs.
To accommodate participants, sponsors offer two training times in the Eppley Science Hall Amphitheater: a 9 to 11 a.m. session and a 1 to 3 p.m. session. To help prepare materials, complete the on-line registration form by Friday, Oct. 17. If you have any questions, contact Elizabeth Fowlkes at 559-5222 or efowlkes@unmc.edu.