The Grant Project
Free Reference Guide
Indirect Costs and NICRA, Decoded
Someone told you to sort out your indirect cost situation. The room filled with acronyms. This is the decoder that makes the conversation make sense.
$1.25B+
secured in competitive funding
15%
updated 2024 de minimis rate
7+
key terms in plain language
Written by the specialists who negotiate and defend indirect cost rates for a living, for local governments and nonprofits. This guide is a piece of that work, made free for you.
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What's inside
Every acronym in that conversation, finally in plain language
- Every key term, in plain language: direct costs, indirect costs, MTDC, NICRA, cognizant agency, provisional rate, final rate, and more
- Why the de minimis rate rose to 15% under the 2024 Uniform Guidance and what that means for your organization right now
- The difference between a NICRA and the de minimis rate, and how to know which one is right for you
- What cost allocation is, why it matters, and why your allocation method is the foundation everything else is built on
- The terms that build on each other, presented in order so the whole picture clicks into place
DECODED
The Grant Project
Indirect Costs & NICRA, Decoded
MTDC
NICRA
Cognizant agency
De minimis rate15%
Who this is for
Local government staff and nonprofit leaders walking into an indirect cost conversation who need the vocabulary to follow it, ask the right questions, and make an informed decision.