The application of the Facilities and Administrative (F&A) rates allows New York University (NYU) to recover overhead costs (e.g., facilities, utilities, libraries, administration, student services). These are REAL COSTS that are not easily identified with a specific project. NYU’s F&A rate allows the University to recover these costs and maintain the infrastructure necessary to support research.
When submitting applications, Principal Investigators (PI's) must include the University's approved F&A rate. With the exception of non-profit charitable foundations, waivers are generally not granted unless there is an exceptional reason. Requests for indirect cost waivers must be approved by the Senior Vice Provost for Research or designee.