Indirect Cost Rate Proposal

Pursuant to authority granted by the US Department of Education, school districts may apply to ODE to recover restricted and unrestricted indirect cost rate from Federal grant programs at a school district.  Indirect cost recovery is not additional grant funds but represents an amount that is a part of an approved program allocation.  An indirect cost rate lets a district recover expenditures that cannot be directly charged to a federal grant, (such as costs associated with the Treasurer and HR offices, and some of the operations and maintenance of Plant Services) but are applicable to work performed that is pertinent to federal programs.  It also can be used to free up other funding sources for other purposes, such as the district's general fund that would otherwise have to be used on costs associated with the Treasuer, HR, etc.  You will notice that there are a few small changes in the proposal this year, most notably, no due date listed.  We are doing the proposals as they come in.

Please use the below links to fill out the new 2015 Indirect Cost Recovery Information and ask any questions and e-mail to tracy.knowles@education.ohio.gov.

 

 

 

Last Modified: 4/4/2014 9:14:29 AM