New Indirect Cost Policy at Pace
NEW INDIRECT COST DISTRIBUTION POLICY
AT PACE UNIVERSITY
Effective July 1st, 2011, Pace University will institute a new distribution policy on Pace's indirect costs obtained through external funding, as follows:
- 50% will go to the individual schools for the deans to distribute.
- 25% will go to Pace University to help cover the costs of administering the grants;
- 20% will go to the Provost Office for promoting research.
- 5% will go to the faculty members who obtained the grants, to be used to assist in their research.
For more details go to Finance and Planning (Indirect Cost Policy at Pace University)