New Indirect Cost Rate
Effective July 1, 2007, Lehman has a new Facilities and Administrative Rate (Indirect Cost Rate). The new rate, negotiated by the Research Foundation CUNY on behalf of Lehman College, with the U.S. Department of Health and Human Services (DHHS) is 63% mTDC (Modified Total Direct Costs) and 26% for work done off campus.
These rates will be effective through June 30, 2011. Once again, Thank you to the Lehman College faculty PIs, Administrators and staff for the time and effort it took to provide the data needed for the negotiation. Congratulations on a job well done!!! A copy of the rate agreement is available on the OGC web site at the "Essential Data" link.
