The university has standard F&A rates, but some agencies do not pay the standard rate. For example, the standard F&A rate for instruction projects is 47.5%, but US Department of Education only reimburses 8% on their projects. The difference, 39.5%, is considered “Unrecovered F&A”. Occasionally it is useful to track this unrecovered F&A, as some agencies allow this to be counted toward any cost share commitment.
These amounts may be manually entered, or will be automatically included in the budget if the Applicable F&A Rate is less than the Institutional F&A Rate.
The Unrecovered F&A amount will populate for each Fiscal Year in the Distribution & Income tab; however, you are not required to enter any additional information. You may choose to enter a Source Account, but no errors will be produced if no additional data is entered.
For Summary Budgets – The Unrecovered F&A may be manually entered on the Parameters tab: