F&A Rate percentage is applied to the expenditures of federally sponsored projects in order to recover the portion of the University overhead costs related to the execution of sponsored programs and includes expenses such as building and equipment depreciation, interest, utilities, general administration, and the library. For more information regarding F&A Rate, please see Cost Analysis.
When establishing a FSEA, a requesting department that uses machinery and other capital equipment must consider establishing an equipment replacement plan to ensure obsolescence is addressed with funds outside of the revenue generated from FSEA internal users.
External surcharge revenue generated through sales to customers outside the University departments can be used to replace equipment of the FSEA.
Fee-for-Service Educational Activity Rate Principles
Auxiliary Accounting: (352) 294-7236