Glossary Term

Facilities and Administrative (F&A) Costs

Glossary Term:

Facilities and Administrative (F&A) Costs

Definition

Commonly abbreviated as “F&A” costs, also called “ICR,” “Overhead,” or “Indirect” costs. These are costs incurred by the university for common or joint objectives and cannot be identified specifically with a particular project or program.

Related Policies

Related FAQs