Example 1 (without subaward/subcontract)

NSF proposal - allows full federal research rate, 44% Modified Total Direct

MSU Budget Detail   
Salaries $36,000  
Benefits $11,520  
Travel $6,000  
Supplies $2,700  
Equipment $12,000  
TDC $68,220 Total Direct Costs
     
Subtotal $68,220  
IDCs $24,737 IDCs are calculated as total direct costs less equipment >5,000;
68,220 - 12,000 = 56,220 * .44 = 24,737
Total $92,957  

 

Example 2 (with subaward/subcontract)

NSF proposal - allows full federal research rate, 44% Modified Total Direct
Proposal includes 2 subcontracts of $35,000 each

MSU Budget Detail   
Salaries $36,000  
Benefits $11,520  
Subcontracts $70,000 2 @ $35,000
Travel $6,000  
Supplies $2,700  
Equipment $6,000  
TDC $138,220 Total Direct Costs 
     
Subtotal $138,220  
MTDC* $112,220 Modified Total Direct Costs are calculated as total direct costs less equipment >$5,000 and the amount of each subcontract that exceeds $25k [138,220 - 6,000 - (35,000-25,000)  - (35,000-25,000)  = $112,220]
IDCs $49,377 Indirect Costs are calculated as Modified Total Direct Costs times 44%; 112,220 * .44 = $49,377
Total $187,597 Total Costs are calculated as Total Direct Costs +  Indirect Costs; 112,220 + 49,377 = $187,597

 

Example 3

State of Montana (Board of Regents Policy) allows 25% - unless federal pass-through, then full federal negotiated rate applies

MSU Budget Detail   25% of total direct costs
Salaries $35,000  
Benefits $11,200  
Travel $4,500  
Supplies $2,750  
TDC $53,450 Total Direct Costs
     
IDCs $13,363 Indirect Costs are calculated as Total Direct Costs times 25%; 53,450 * .25 = $13,363
Total $66,813 Total Costs are calculated as Total Direct Costs +  Indirect Costs; 112,220 + 49,377 = $187,597

Example 4

Cost Share/Match Calculation; Montana Board of Research and Commercialization requires 25% match of total funds requested

MSU Budget Detail   25% of total direct costs
Requested from sponsor $187,500  
25% match required  $62,500  
Total $250,000 (25,000 * .75 = $187,500) (250,000 * .25 = $62,500)

MSU's Cost Sharing Policy is available at https://www.montana.edu/policy/principal_inv/prin400.html

For specific budget questions, contact your OSP Fiscal Manager at 994-2381. Fiscal Manager department assignments are available at http://www.montana.edu/research/osp/aboutus/index.html