Definitions for "Modified Total Direct Costs"
Basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, equipment, patient care, space rental, alterations and renovations, and subcontract costs in excess of the first $25,000.
At PCC, the basic indirect costs are calculated on a subset of direct costs, normally excluding among other costs, Equipment, Capital Expenditures, Charges for Patient Care, Tuition Remission, Rental Costs for Off-Site Facilities, Scholarships and Fellowships, and sub-agreement costs in excess of the first $25,000.
The aggregated direct costs for a given University activity, such as organized research, excluding certain costs specified by A-21, including equipment, capital expenditures, tuition remission, stipends, and that portion of a sub-contract in excess of $25,000.