ISU reaches new indirect cost rate agreement

Renovated Hovey Hall

Illinois State University has completed negotiations with the United States Department of Health and Human Services for the University’s facilities and administrative (indirect) cost rate. The new rate is 45 percent (up from 44 percent) and will be effective through fiscal year 2017. Prior submissions and awards will continue to use the 44 percent rate.

Government shutdown and federal grants

Campus panoramic view

As you likely have heard, the United States federal government has shut down due to a lapse in funding. Here’s how it may affect federal grantees and grant seekers: