Recovery of Facilities & Administrative Costs

This fund source is derived from the application of a negotiated indirect cost recovery percentage to grant and contract expenditures. They represent the recovery of the fair share of the Facilities and Administrative costs of the University in support of sponsored programs activities.  The "F" parts of F&A include the costs of the buildings and equipment, utilities, the maintenance of buildings, and the cost of the University's libraries.  The "A" parts include central administration, school and departmental administration, and the Office of Sponsored Programs.  

F&A recoveries are distributed to departments and schools based on a formula approved by the academic vice presidents and administered by Financial Planning & Analysis.

Rates

The current F&A rate agreement has been extended through FY2029.  View the latest rate agreement here:  Rate Agreement Letter

Fringe Benefit rates continue to be applicable through FY2026.  For a further breakdown of Academic Fringe Rates, click here. 

Certified Research Administrator

Planning on taking the Certified Research Administrator (CRA) exam?  Get a head start by looking at "Understanding F&A Rates" -- this handy document covers federal regulations, definitions, and concepts, plus sample calculation with explanations.

If you have any questions, please contact Andrew McGehee, ph: (434) 982-2373. 

F&A FAQs

Find answers to your questions here.