Is F&A assessed on sponsorship supporting a visiting scholar or student?
|Is F&A assessed on sponsorship supporting a visiting scholar or student?|
It depends on the source of the funding, the scope or work, or assignment of the visiting scholar or student. If the source of the funding is a commercial entity, then the negotiated rate should be charged. If the source of funding is a non-profit, foundation, or governmental entity, then the first $10,000 of support is exempted from F&A with any amount in excess of $10,000 being subject to a minimum of 10% or the rate specified by the sponsor.