Most agencies don't normally consider indirect costs when it comes to managing grant funding...
In reality, however, indirect costs could not be more useful to grants management and optimizing the little revenue available in today's economic climate.
This is your guide to understanding indirect costs, cost allocation, and how to use these tools to maximize revenue and funding opportunities.
Specifically, you'll learn:
- The ins and outs of indirect costs, cost allocation plans, and negotiating a new Indirect Cost Rate.
- Why you need to prepare a cost allocation plan now more than ever.
- The basics of an indirect cost rate proposal (ICRP).
- How you can get started leveraging indirect costs to find and access important funding opportunities.