Below is some of the information commonly requested for application forms.
F&A costs, or indirect costs, are expenditures that are incurred for common or joint objectives and, therefore, cannot be identified readily and specifically with a particular sponsored project or activity. Generally, the following types of expenditures cannot be considered direct costs of a sponsored initiative, and are charged as F&A costs: rent; utility charges; costs for standard office supplies, such as paper and pens; and personnel costs for administrative assistants and other staff such as individuals working in Human Resources or Financial Affairs. As specified in the current indirect cost-rate agreement (June 25, 2013), the maximum F&A rates that the university can charge to a federal project are as follows:
F&A Rates (through 7/31/17)
The university mileage reimbursement rate is provided on the Financial Affairs travel guidelines. Under normal circumstances, the Loyola rate can be used for federally sponsored projects. However, this rate does not apply to state-funded projects (see below) and may not apply to all federally sponsored activities. Before applying this rate to any sponsored project, please contact this office for guidance.
The state mileage reimbursement rate is $.51 per mile, and must be applied to projects funded by Louisiana. The maximum number of miles to be reimbursed per round trip/day is 99. State rates for meals and lodging apply as well. Consult the Louisiana Travel Guide for specifics.
Per diem rates are standard daily totals for lodging, means, and incidentals. They very with location and often with time of year.