For grant applications only, UBC will accept agency-specific rates of indirect cost recovery under the conditions outlined below.
Creating a budget for grant applications consists of the following steps:
- Check the grant application form / published instructions to determine if a specific indirect cost recovery rate is provided
- Create a budget of direct costs
- Incorporate the indirect cost recovery at the specified rate to each line item, or if no rate is specified apply UBC's standard rate of 25% for government or non-profit partners or 40% for industry partners
If a rate on a grant application form or accompanying instructions is verified by ORS or UILO, it will be accepted. Verified rates are now listed in RISe.
If you are unsure whether a specific rate is acceptable, contact ORS or UILO.
As new programs are added to the list periodically, if there is a discrepancy between the rate specified on a grant application form and the table on RISe, indirect costs must be recovered at the rate specified on the grant application form.