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Princeton University

Facilities and Administrative Cost Rates Based On

2005-06 Actual Costs

Organized Research Rate (On-Campus)

F&A Costs expressed as a percentage of Modified Total Direct Costs

Based on the rate agreement negotiated with the federal government

Notes: Princeton University has a predetermined F & A rate of 61.0% approved for FY 2009, FY2010, FY2011, and FY2012. This rate was based on an FY2006 cost study as noted above.

The federal reimbursement for administrative costs is capped at 26%. The total rate submitted for FY2006 was 66.7%, vs. the final negotiated rate of 61%.

Plant O&M includes costs of building maintenance, utilities, grounds, building services, and public safety.
Interest expense reflects the allocable portion of interest on tax-exempt debt.
G&A costs includes the President, Provost, Treasurer's Office, Executive Vice President, General Counsel, and other business functions.

Departmental Administration consists of the administrative costs incurred in academic units.
Sponsored Projects Administration includes ORPA and the Dean for Research.
All the administrative cost pools and the library include allocations of building and equipment depreciation, plant O&M, and interest expense.
The library, DA, and SPA pools also include an allocation of G&A.

Last Updated: 6-17-2009