When a research grant has a 69% overhead rate, it means that for every $100 of direct research funding, an additional $69 is allocated to cover indirect costs (also known as facilities & administrative costs, or F&A).
When a research grant has a 69% overhead rate, it means that for every $100 of direct research funding, an additional $69 is allocated to cover indirect costs (also known as facilities & administrative costs, or F&A).
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