Institutional Information

Source: WCU Federally Negotiated Indirect Cost Rate Agreement

F&A Cost Rate Period: July 1, 2020 through June 30, 2024

Rate Base: Modified Total Direct Cost (MTDC)

Modified total direct costs, consisting of all direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel and up to the first $25,000 of each subaward (regardless of the period of performance of the subawards under the award). Modified total direct costs shall exclude equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each subaward in excess of $25,000. Other items may only be excluded when necessary to avoid a serious inequity in the distribution of indirect costs, and with the approval of the cognizant agency for indirect costs. 

Equipment: Tangible personal property (including information technology systems) having a useful life of more than one year and a per-unit acquisition cost which equals or exceeds the lesser of the capitalization level established by the non-Federal entity for financial statement purposes, or $5,000. 2 CFR 200.1

Subawards: F&A Costs are calculated on the first $25,000 for each subaward/subcontract. This applies to the total amount being allocated towards each subaward/subcontract and not on the amount each year.

University Policy 88: Facilities and Administration Receipts Policy

Academic Procedures and Regulations 28: Distribution of Indirect Cost Allocations

Cognizant Agency for F&A Costs: Department of Health and Human Services

Cognizant Agency Point of Contact: Wheatford Ashby at 214.767.3261

 

 

Source: FY24 Fringe Benefit Rate Sheet

WCU Audit Report : Annual audit reports of WCU financial statement.

Controller's Office: University financial and tax information, including IRS Tax Exempt Status.

Contact the ORA for WCU's fiscal year operating budgets and IRS W-9 Form.

SciENcv Biosketch and Current & Pending Support

Budget Template

Sample Budget Justification

Effort Calculator

Max Comp Calculator

Subrecipient vs. Contractor Checklist

Student Compensation Guide

North Carolina Quick Facts from the US Census Bureau.

Employment Data from the US Department of Labor.

Economic Data for the United States, North Carolina, and counties within North Carolina are available through the United States Department of Agriculture, Economic Research Service.

Uniform Guidance: Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.