Most universities charge an administrative overhead fee to recover part of the cost of providing institution-wide support services. These include administrative costs such as accounting, financial reporting, human resources, utilities and facility maintenance and repair. The fees range from 2.5% - 25%. Effective Oct. 1, 2007, all colleges are asked to limit their administrative overhead fee to 10% (or less) of the WWF grant award.
Pending approval of the college administration:
- The Grant Manager might waive a percentage of their overhead fee.
- The college team may list that waiver amount as a donation towards their in-kind match.
for RFP Grant Application.