Get the free Indirect Cost Waiver Approval Form - research drexel

This form is used to request approval for waiving the established indirect cost rates on sponsored projects by providing necessary details, including principal investigator information and rationale

How to fill out indirect cost waiver approval

How to fill out Indirect Cost Waiver Approval Form

1. Obtain the Indirect Cost Waiver Approval Form from your institution's website or administrative office.
2. Fill in your personal information, including your name, department, and contact details.
3. Identify the project or grant for which you are requesting the waiver.
4. Specify the amount of indirect costs you are seeking to waive.
5. Provide a clear justification for the waiver request, outlining why the indirect costs should be exempted.
6. Include any supporting documentation or additional information that may strengthen your request.
7. Review the completed form for accuracy and completeness before submission.
8. Submit the form to the appropriate authority or office as indicated in your institution's guidelines.
9. Keep a copy of the submitted form for your records.

Who needs Indirect Cost Waiver Approval Form?

1. Researchers or faculty members applying for grants who want to request a waiver for indirect costs.
2. Administrators who are managing project budgets and need flexibility in funding allocation.
3. Anyone involved in a project that may incur indirect costs but has a reasonable justification for a waiver.

People Also Ask about

What is the current NIH indirect cost rate?

Indirect costs include supplies, utilities, office equipment rental, desktop computers and cell phones. Much like direct costs, indirect costs can be fixed or variable. Fixed indirect costs include expenses such as rent; variable indirect costs include fluctuating expenses such as electricity and gas.

What is an example of an indirect cost policy?

Examples of such costs include finance and accounting support, human resources, bank fees, board meetings, and fundraising. In submitting a project budget, grantees will not be required to quantify these indirect costs.

What is an indirect cost grant?

Indirect costs represent the expenses of doing business that are not readily identified with a particular grant, contract, project function or activity, but are necessary for the general operation of the organization and the conduct of activities it performs.

What is an IDC waiver?

IDC Waiver An F&A cost waiver is an institutional decision that IDC costs will be applied at a rate lower than the university's negotiated agreement.

What is an indirect cost waiver?

An Indirect Costs or Facilities and Administrative (F&A) Costs Waiver is a formal exception granted by a university or research institution to reduce or eliminate the indirect costs typically charged on sponsored projects.

What is an example of an indirect cost?

Examples of indirect costs include rent for office space, utilities, administrative salaries, accounting, legal services, general office supplies, and general office equipment.

What is an example of an indirect cost policy?

Examples of such costs include finance and accounting support, human resources, bank fees, board meetings, and fundraising. In submitting a project budget, grantees will not be required to quantify these indirect costs.

For pdfFiller’s FAQs

What is Indirect Cost Waiver Approval Form?

The Indirect Cost Waiver Approval Form is a document used to request a waiver for indirect costs associated with a project or grant, allowing organizations to bypass standard indirect cost charges under certain circumstances.

Who is required to file Indirect Cost Waiver Approval Form?

Organizations or entities that are seeking to waive indirect costs for specific projects or grants are required to file the Indirect Cost Waiver Approval Form.

How to fill out Indirect Cost Waiver Approval Form?

To fill out the Indirect Cost Waiver Approval Form, an applicant must provide information such as project details, the reason for the waiver request, budgetary information, and any supporting documentation as required.

What is the purpose of Indirect Cost Waiver Approval Form?

The purpose of the Indirect Cost Waiver Approval Form is to formally request permission to waive indirect costs, allowing for more funds to be allocated directly to project activities rather than overhead expenses.

What information must be reported on Indirect Cost Waiver Approval Form?

The information that must be reported on the Indirect Cost Waiver Approval Form includes the organization’s name, project title, budget details, justification for the waiver, and any other relevant financial data required by the funding agency.