Indirect Costs
Indirect Cost Funds
As PI/PDs incur direct expenses, indirect costs are charged to the grant based on the indirect cost rate and base listed in the proposal. These are distributed according to Kean’s Policy on Indirect Cost Distribution and Expenditures. For PI/PDs that do not have an individual faculty research account, the Grant Accountant will create one. These funds cannot be used to increase an individual’s salary, but they can be used for other scholarly purposes, such as internal seed funding, publishing expenses, or conference travel.
Outgoing Subawards
ORSP is responsible for drafting and executing subaward agreements. Once fully executed, PI/PDs are responsible for reviewing and approving invoices submitted by the subawardee to ensure financial compliance.