| PROPOSED F&A COST RATE | = | (TFAC) ------------- (MTDC) |
| TFAC (Total F&A Costs) |
= | Total amount of the nine specific indirect cost pools assigned to organized, sponsored research |
| MTDC (Modified Total Direct Costs) |
= | (Direct Salaries and Wages) plus (All Other Direct Costs) minus (Equipment, Renovation costs, patient care, off-campus building rental, training stipends, tuition, and the portion of each subcontract in excess of $25,000) |
