University Budget Office

New York Medical College
40 Sunshine Cottage Road
Administration Building

2nd Floor
Valhalla, NY 10595

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Facilities & Administrative Cost Proposal

 

Budgets

The UBO oversees the preparation of and assists in the negotiation stage of the Facilities & Administrative Cost Proposal with hopes of securing the best rate possible for the College.

 

The Facilities and Administrative ( F & A) rate

The maximum rate of recovery of administrative costs for grants and other sponsored programs calculated based on actual costs incurred and approved by the Department of Health and Human Services (DHHS). A proposal is submitted to the DHHS approximately every fours years for the purpose of establishing that overhead rate.

 

Based on the College’s last negotiations, New York Medical College was able to negotiate the following predetermined F & A rates:

 

  • FY 2010: 59%
  • FY 2011: 59%
  • FY 2012: 61%
  • FY 2013: 61%

 

New York Medical College will be required to submit its next proposal for the fiscal year ending June 30, 2012.  This proposal which will be due at the end of this year will be used to establish organized research F & A rates for FY 2014 and beyond. (See PDF “F & A Cost Rates Letter”)

 

 

Back to Budgets

 

 

 

 

Page updated: May 8, 2013