Costing Principles for Sponsored Awards
Contents:
- Purpose
- Federal Policy
- Allowable, Allocable and Reasonable
- Direct Vs. Indirect (F&A) Costs
- Further Information
- Cross References
PURPOSE:
All funds must be spent in accordance with Penn State policy, applicable state and federal law, and sponsor terms and conditions. Only allowable, allocable, and reasonable costs may be charged directly to sponsored agreements.