FAC Explorer

Audit 295077

FY End
2023-06-30
Total Expended
$288.70M
Findings
0
Programs
350
Organization: University of Vermont and State Agricultural College (VT)
Year: 2023 Accepted: 2024-03-14
Auditor: Kpmg LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.268 Federal Direct Loan Program $84.40M - 0
93.RD National Institutes of Health $64.04M Yes 0
84.116Z Fund for the Improvement of Postsecondary Education $30.11M - 0
10.RD National Institute of Food and Agriculture $14.36M Yes 0
10.001 Agriculture Research Service $11.79M Yes 0
47.RD National Science Foundation $9.71M Yes 0
84.063 Federal Pell Grant Program $7.79M - 0
93.RD Health Resources and Services Administration $7.01M Yes 0
11.RD National Oceanic Atmospheric Admin/noaa $2.31M Yes 0
64.033 Va Supportive Services for Veteran Families Program $2.14M - 0
10.511 Smith-Lever Funding $2.05M - 0
84.007 Federal Supplemental Education Opportunity Grant $2.01M - 0
93.659 Adoption Assistance $1.79M - 0
43.RD National Aeronautics & Space Admin $1.74M Yes 0
84.038 Federal Perkins Loan Program (note 2) $1.72M - 0
10.RD Forest Service $1.34M Yes 0
84.033 Federal Work Study Program $1.23M - 0
93.310 University of Florida $983,025 Yes 0
93.632 Administration for Community Living $764,069 Yes 0
93.364 Nursing Student Loans (note 2) $751,218 - 0
81.RD Department of Energy $658,087 Yes 0
84.011A Migrant Education State Grant Program $611,152 - 0
93.268 Immunization Cooperative Agreements $595,909 - 0
93.110 Maternal and Child Health Federal Consolidated Programs $568,436 - 0
15.RD US Geological Survey $554,842 Yes 0
10.174 Agricultural Marketing Service $499,448 Yes 0
12.910 University of Pittsburgh $494,313 Yes 0
93.000 Johns Hopkins University $424,898 Yes 0
15.RD National Park Service $409,690 Yes 0
10.RD Natural Resources Conservation Service $403,076 Yes 0
93.000 University of Washington $400,485 Yes 0
20.701 The Regents of the Univ of California $391,436 Yes 0
12.091 Stanford University $387,231 Yes 0
93.107 Area Health Education Centers $346,306 - 0
20.RD Federal Aviation Administration $329,626 Yes 0
84.047A Trio Upward Bound $326,035 - 0
12.420 US Army Medical Research Acquisition Activity $324,149 Yes 0
47.041 Virginia Polytec Inst State University $321,115 Yes 0
12.420 Medstar Health Research Institute $311,687 Yes 0
16.030 Vermont Law School $309,908 Yes 0
10.514 Expanded Food and Nutrition Education Program $307,745 - 0
20.701 University of Maine $304,766 Yes 0
16.003 Vermont Law School $277,996 Yes 0
84.325K Special Education - Personnel Dev to Improve Services and Results for Children with Disabilities $260,632 - 0
93.853 Florida International University $255,654 Yes 0
93.855 University of Utah $243,665 Yes 0
93.853 University of Alabama at Birmingham $233,809 Yes 0
93.838 Boston University $228,565 Yes 0
84.324B Department of Education $226,498 Yes 0
93.837 Samba Biologics Incorporated $226,229 Yes 0
93.838 Rti International $225,913 Yes 0
10.176 Dairy Business Innovation Initiatives $221,709 - 0
10.229 Extension Foundation $221,214 Yes 0
93.393 University of California, Davis $218,501 Yes 0
93.464 Acl Assistive Technology $216,876 - 0
93.110 Maternal and Child Health Federal Consolidated Program $209,555 - 0
10.RD Animal and Plant Health Inspection Service $198,552 Yes 0
21.000 Bab Subsidy $190,941 - 0
93.838 Fred Hutchinson Cancer Research Center $188,074 Yes 0
20.109 University of Alabama - Huntsville $185,457 Yes 0
10.699 Partnership Agreements $182,708 - 0
47.074 Columbia University $181,778 Yes 0
93.838 University of California, San Diego $180,862 Yes 0
66.RD Environmental Protection Agency $163,184 Yes 0
93.243 Substance Abuse and Mental Health Services Administration $162,979 Yes 0
93.837 University Texas Hlth Sci Ctr San Anton $152,507 Yes 0
47.074 University of Texas at Austin $152,238 Yes 0
93.421 Assn of University Ctrs on Disabilities $149,377 Yes 0
93.837 Princeton University $148,129 Yes 0
93.837 Boston University $148,126 Yes 0
11.432 University of Alabama - Tuscaloosa $143,820 Yes 0
81.000 Pacific Northwest National Laboratory $139,606 Yes 0
93.847 Michigan State University $139,288 Yes 0
93.738 Rti International $134,825 Yes 0
93.837 Massachusetts General Hospital $132,837 Yes 0
10.176 Vermont Creamery $131,174 Yes 0
93.110 Vermont Ahs Department of Health $130,409 Yes 0
93.778 Vermont Ahs Dept Vermont Health Access $128,414 Yes 0
93.855 University of California San Francisco $125,015 Yes 0
12.000 Stealth Software Technologies $121,990 Yes 0
93.242 Wiser Systems, Inc. $120,797 Yes 0
10.310 University of Massachusetts Amherst $118,139 Yes 0
93.165 Grants to States for Loan Repayment $116,867 - 0
93.279 University of North Carolina Chapel Hill $115,159 Yes 0
10.664 Vermont Dept of Forests Parks Recreation $112,893 Yes 0
93.912 Rural Health Care Serv Outreach, Rural Health Network Dev and Small Health Care Prov Quality Imp $111,868 - 0
93.242 Columbia University $108,849 Yes 0
15.820 University of Massachusetts Amherst $107,916 Yes 0
10.310 North Carolina State University $107,866 Yes 0
10.310 Colby College $107,515 Yes 0
15.945 Cooperative Research and Training Programs – Resources of the National Park System $106,813 - 0
10.307 Cornell University $105,730 Yes 0
93.393 University of California San Francisco $104,129 Yes 0
93.838 Arkansas Childrens Research Institute $100,787 Yes 0
93.658 Foster Care Title IV-E $93,986 - 0
93.393 University of North Carolina Chapel Hill $91,689 Yes 0
93.853 University of California, Los Angeles $90,769 Yes 0
47.070 Rensselaer Polytech Institute $90,399 Yes 0
12.700 Department of the Navy $90,324 Yes 0
93.839 Prolocor Inc. $89,794 Yes 0
93.866 Wake Forest University $89,768 Yes 0
93.838 Fred Hutchinson Cancer Center $89,134 Yes 0
93.279 University of California, San Diego $88,726 Yes 0
93.778 Vermont Ahs Department of Health $88,388 Yes 0
93.837 University of Texas $84,421 Yes 0
93.898 Vermont Ahs Department of Health $84,411 Yes 0
93.837 University of Mississippi Medical Center $84,155 Yes 0
10.000 Dairy Management, Inc. $83,339 Yes 0
93.866 University of Colorado $82,848 Yes 0
81.049 Galois, INC $82,331 Yes 0
12.300 University of Colorado, Boulder $80,247 Yes 0
93.859 State University of New York $80,110 Yes 0
93.847 Ohio State University $79,406 Yes 0
11.RD National Inst Standards Technology/nist $77,665 Yes 0
93.859 Mayo Clinic Jacksonville $76,398 Yes 0
93.838 National Jewish Health $74,507 Yes 0
93.838 Columbia University $71,823 Yes 0
47.074 Virginia Polytec Inst State University $71,370 Yes 0
93.838 Brigham and Womens Hospital $69,089 Yes 0
93.837 Pennsylvania State University $68,300 Yes 0
66.481 Stone Environmental, Inc. $68,003 Yes 0
10.500 University of Delaware $63,148 Yes 0
81.049 Wildlife Imaging Systems $63,105 Yes 0
10.912 Vermont Land Trust $62,559 Yes 0
93.855 Celdara Medical, LLC $61,351 Yes 0
93.242 Harvard Medical School $59,951 Yes 0
93.837 University of Washington $58,970 Yes 0
93.866 Boston University $58,678 Yes 0
97.023 Vermont Agency of Natural Resources $56,692 Yes 0
93.136 Injury Prevention and Control Research and State and Community Based Programs $56,678 - 0
93.310 University of Arkansas $54,886 Yes 0
10.352 Value-Added Producer Grants $54,122 - 0
93.000 University of Michigan $51,822 Yes 0
93.243 Vermont Ahs Department of Health $51,812 Yes 0
93.866 University of North Carolina Chapel Hill $50,079 Yes 0
93.000 Nzumbe, INC $50,065 Yes 0
10.515 Renewable Resources Act and National Focus Fund Projects $49,314 - 0
47.074 Donald Danforth Plant Science Center $48,985 Yes 0
93.879 Emory University $48,903 Yes 0
93.426 Improving the Health of Americans Through Prev and Mgt of Diabetes and Heart Disease and Stroke $48,681 - 0
47.041 Yale University $48,110 Yes 0
93.000 University of Mississippi Medical Center $48,017 Yes 0
93.837 Wayne State University $47,652 Yes 0
12.420 Dimension Inx. $47,284 Yes 0
93.866 Healthy Design Ltd. Co. $45,927 Yes 0
93.837 Johns Hopkins University $45,782 Yes 0
93.859 Tufts University $45,303 Yes 0
93.307 University of California San Francisco $44,916 Yes 0
10.310 Colorado State University $44,915 Yes 0
43.001 University of Maryland $44,794 Yes 0
93.838 University of Illinois $44,777 Yes 0
93.000 All Clear Emergency Management Group LLC $44,309 Yes 0
20.200 Vermont Agency of Transportation $43,657 Yes 0
93.242 University of North Carolina Chapel Hill $42,801 Yes 0
47.083 University of Maine $42,132 Yes 0
93.393 University of Washington $41,804 Yes 0
12.431 Department of the Army $41,040 Yes 0
93.393 University of Wisconsin-Madison $40,883 Yes 0
93.224 Health Center Program $40,299 - 0
93.394 University of Washington $40,183 Yes 0
93.000 Columbia University $39,923 Yes 0
93.879 Phrase Health, Inc. $38,399 Yes 0
10.000 Dairy Research Institute $38,088 Yes 0
93.865 Rti International $37,939 Yes 0
15.634 Vermont Dept of Fish and Wildlife (anr) $37,737 Yes 0
66.481 Slr International Corporation $37,687 Yes 0
10.329 Cornell University $37,230 Yes 0
93.273 Yale University $36,099 Yes 0
93.847 Abalone Bio $36,006 Yes 0
45.301 Museums for America $35,224 - 0
10.000 National Pork Board $34,887 Yes 0
93.838 University of Pennsylvania $34,560 Yes 0
93.837 University of Alabama at Birmingham $34,389 Yes 0
10.215 Cornell University $33,855 Yes 0
93.211 Telehealth Programs $33,799 - 0
10.932 American Farmland Trust $33,591 Yes 0
93.307 University of South Carolina $33,506 Yes 0
93.393 University of California, Los Angeles $33,211 Yes 0
10.215 University of Maine $32,731 Yes 0
93.847 Dartmouth College $32,270 Yes 0
20.205 Chittenden County Regional Planning $31,990 Yes 0
84.305A University of Washington $31,329 Yes 0
93.279 Georgia State University $30,956 Yes 0
10.525 Vermont Agency of Agric Food and Markets $30,696 Yes 0
93.855 University of North Carolina Chapel Hill $30,640 Yes 0
93.866 Harvard University $30,483 Yes 0
93.242 Boston Medical Center $29,864 Yes 0
93.103 Vermont Agency of Agric Food and Markets $29,757 Yes 0
10.000 US Endowment Forestry and Communities $29,500 Yes 0
10.215 University of Massachusetts Amherst $29,063 Yes 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assitance Program $28,936 - 0
12.420 University of Colorado Denver $28,866 Yes 0
20.205 Highway Planning and Construction $28,411 - 0
93.321 University of Utah $28,102 Yes 0
81.000 Sandia National Laboratories/doe $27,979 Yes 0
93.866 Vanderbilt University Medical Center $27,556 Yes 0
93.853 University Texas Hlth Sci Ctr San Anton $25,835 Yes 0
93.837 University of California San Francisco $25,723 Yes 0
93.865 Research Foundation of Suny $25,158 Yes 0
93.243 Vermont Ahs Dept of Mental Health $24,877 Yes 0
93.279 George Mason University $24,768 Yes 0
93.853 Cleveland Clinic Foundation $24,441 Yes 0
15.815 Americaview $24,399 Yes 0
93.847 Duke University $24,205 Yes 0
11.417 University of Puerto Rico $23,830 Yes 0
93.393 Moffitt Cancer Ctr Research Institute $23,742 Yes 0
15.945 University of New Mexico $23,721 Yes 0
10.304 University of Florida $23,345 Yes 0
93.855 University of Florida $22,869 Yes 0
93.865 Stanford University $22,678 Yes 0
20.RD Federal Highway Administration $22,306 Yes 0
93.130 Medical Assistance Program $22,214 - 0
93.393 University of Utah $21,652 Yes 0
10.310 Pennsylvania State University $21,408 Yes 0
12.300 Office of Naval Research $20,948 Yes 0
10.352 Iowa State University $20,811 Yes 0
98.001 Innovations for Poverty Action $20,149 Yes 0
10.001 Geisinger Clinic $19,881 Yes 0
10.500 University of Minnesota $19,861 Yes 0
93.839 University of Washington $19,825 Yes 0
84.334S Vermont Student Assistance Corporation $19,779 Yes 0
10.664 Cooperative Forestry Assistance $18,912 - 0
66.481 Dartmouth College $18,581 Yes 0
10.164 Michigan State University $18,332 Yes 0
93.865 University of Connecticut $18,321 Yes 0
93.866 University of Wisconsin-Madison $18,068 Yes 0
93.323 Vermont Ahs Department of Health $17,589 Yes 0
11.431 Climate and Atmospheric Research $17,448 - 0
93.395 Public Health Institute $17,429 Yes 0
10.170 Specialty Crop Block Grant Program - Farm Bill $17,109 - 0
93.847 Kansas Univ Medical Center Research Inst $17,037 Yes 0
20.205 Vermont Agency of Transportation $16,402 Yes 0
93.859 Purdue University $15,854 Yes 0
93.837 University of Minnesota $15,550 Yes 0
93.391 Equitable Cities $15,466 Yes 0
93.632 University Centers for Excellence in Developmental Disabilities Education, Research, and Service $15,178 - 0
93.994 Maternal and Child Health Services Block Grant to the States $15,155 - 0
10.332 Iowa State University $14,970 Yes 0
93.837 Oregon Health Sciences University $14,888 Yes 0
10.500 Cooperative Extension Service $14,859 - 0
10.304 University of Maine $14,688 Yes 0
93.859 West Virginia University $14,590 Yes 0
93.434 Every Student Succeds Act $14,355 - 0
12.351 Defense Threat Reduction Agency $14,020 Yes 0
10.310 Harvard University $13,969 Yes 0
93.011 American College of Obstetricians Gyn $13,954 Yes 0
93.242 Dartmouth College $13,660 Yes 0
15.812 University of Massachusetts Amherst $13,466 Yes 0
81.086 Conservation Research and Development $13,344 - 0
93.323 Epidemiology and Laboratory Capacity for Infectious Diseases (elc) $13,306 - 0
47.074 Harvard University $13,297 Yes 0
93.853 Columbia University $13,176 Yes 0
93.243 Substance Abuse and Mental Health Services Projects of Regional and National Significance $13,143 - 0
66.000 Stone Environmental, Inc. $13,062 Yes 0
11.000 Synoptic Data Pbc $12,721 Yes 0
93.310 Duke University $12,539 Yes 0
93.103 Seattle Children's Hospital $12,227 Yes 0
93.242 Middlebury College $12,017 Yes 0
66.716 Rsch, Devlpmnt, Monitoring, Public Education, Outreach, Training, Demonstrations, and Studies $11,622 - 0
10.328 University of Massachusetts Amherst $11,518 Yes 0
93.342 Health Professions Student Loan Program (note 2) $11,513 - 0
47.075 Research Foundation of Suny $11,078 Yes 0
10.176 Vermont Agency of Agric Food and Markets $10,921 Yes 0
10.025 Plant and Animal Disease, Pest Control, and Animal Care $10,907 - 0
10.310 Agriculture and Food Research Initiative (afri) $10,486 - 0
93.859 American Society for Cell Biology $10,393 Yes 0
10.310 Washington State University $10,206 Yes 0
10.156 Vermont Agency of Agric Food and Markets $10,138 Yes 0
47.041 Rensselaer Polytech Institute $10,102 Yes 0
93.000 University of California, Los Angeles $9,830 Yes 0
10.912 Gsr Solutions LLC $9,738 Yes 0
93.853 Harvard University $9,669 Yes 0
11.617 Mississippi State University $9,412 Yes 0
10.330 University of Maine $8,679 Yes 0
10.170 Vermont Agency of Agric Food and Markets $8,007 Yes 0
93.837 Northwestern University $7,861 Yes 0
93.839 University of Minnesota $7,831 Yes 0
93.865 Duke University $7,766 Yes 0
10.001 Oregon State University $7,530 Yes 0
11.417 Louisiana State University $7,527 Yes 0
93.398 Beth Israel Deaconess Medical Center $7,434 Yes 0
10.170 Pollinator Partnership $7,386 Yes 0
93.632 University of Wyoming $7,265 Yes 0
14.092 Lead Hazard Control for High Risk Areas $6,257 - 0
93.866 Mount Sinai School of Medicine $6,038 Yes 0
97.036 Disaster Grants - Public Assistance (presidentially Declared Disasters) $6,028 - 0
10.212 Mitotherapeutix, LLC $5,670 Yes 0
12.000 University of Calgary $5,641 Yes 0
15.805 Saint Michaels College $5,570 Yes 0
10.310 Agriculture and Food Research Initiative $5,542 - 0
93.866 University of California, Los Angeles $5,506 Yes 0
93.855 University of Colorado Denver $5,243 Yes 0
93.969 Dartmouth-Hitchcock Clinic $5,154 Yes 0
47.084 Cornell University $5,148 Yes 0
93.395 Childrens Hospital of Philadelphia $5,141 Yes 0
66.468 Vermont Dept Environmental Conservation $5,111 Yes 0
10.250 Iowa State University $4,718 Yes 0
12.750 Wayne State University $4,702 Yes 0
93.839 Rutgers University $4,443 Yes 0
93.859 Mainehealth $4,335 Yes 0
10.175 Farmers Market and Local Food Promotion Program $3,605 - 0
93.397 Dartmouth College $3,222 Yes 0
93.853 University of Cincinnati $3,207 Yes 0
10.520 University of Delaware $3,204 Yes 0
10.170 Cornell University $3,171 Yes 0
93.279 Baystate Medical Center $3,170 Yes 0
10.146 University of Delaware $2,968 Yes 0
93.399 University of Wisconsin-Madison $2,913 Yes 0
20.215 Highway Training and Education $2,487 - 0
11.417 University of Minnesota $2,336 Yes 0
10.652 Colgate University $2,333 Yes 0
64.RD US Department of Veterans Affairs/va $2,234 Yes 0
10.177 Vermont Sustainable Jobs Fund $2,232 Yes 0
93.859 Celdara Medical, LLC $2,021 Yes 0
12.000 Rochester Institute of Technology $2,000 Yes 0
10.200 Colorado State University $1,990 Yes 0
93.855 Boston Childrens Hospital $1,935 Yes 0
10.310 University of Maine $1,810 Yes 0
66.481 Ne Interstate Water Pollution/neiwpcc $1,675 Yes 0
93.837 University of Pittsburgh $1,560 Yes 0
10.500 Pennsylvania State University $1,533 Yes 0
93.865 New York University $1,404 Yes 0
10.025 Vermont Agency of Agric Food & Markets $1,288 Yes 0
93.103 Duke University $1,190 Yes 0
97.005 Mississippi State University $1,108 Yes 0
10.215 University of New Hampshire $1,013 Yes 0
10.200 University of Maryland Eastern Shore $972 Yes 0
97.008 Non-Profit Security Program $806 - 0
10.310 University of Missouri $673 Yes 0
93.837 Mount Sinai School of Medicine $585 Yes 0
84.323 Special Education - State Personnel $462 - 0
84.144F Migrant Education Coordination Program $434 - 0
93.898 Cancer Prevention and Control Programs for State, Territorial and Tribal Organizations $247 - 0
47.041 Coremap, Inc. $102 Yes 0
97.042 Vermont Dept Environmental Conservation $56 Yes 0
93.243 Center for Behavioral Health Integration $47 Yes 0
12.420 University of Alabama at Birmingham $10 Yes 0
10.001 Vermont Law School $3 Yes 0
10.304 Cornell University $3 Yes 0
47.076 American Educational Research Assn $2 Yes 0
10.319 University of New Hampshire $-1 Yes 0
20.200 National Academy of Sciences $-358 Yes 0
19.075 Bureau of Western Hemisphere Affairs (wha) Grant Programs $-440 - 0
93.839 University of Michigan $-1,173 Yes 0
20.200 Minnesota Department of Transportation $-1,830 Yes 0
47.041 Medchem Partners $-2,459 Yes 0
93.000 University of North Carolina Chapel Hill $-4,106 Yes 0
93.RD Department of Health and Human Services $-5,743 Yes 0
93.866 Harvard School of Public Health $-19,437 Yes 0
98.000 Ciat International Center Tropical Ag $-104,517 Yes 0

Contacts

Name Title Type
Z94KLERAG5V9 Claire Burlingham Auditee
8026568356 David Gagnon Auditor
No contacts on file

Notes to SEFA

Title: Loan Activity Accounting Policies: The accompanying supplementary schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of University of Vermont and State Agricultural College (the University) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. For the year ended June 30, 2023, the University’s discretely presented components units did not administer any federal awards. For purposes of the Schedule, and except as noted below, federal awards include all grants, contracts and similar agreements entered into directly between the University and agencies and departments of the federal government and all subawards to the University by nonfederal organizations pursuant to federal grants, contracts and similar agreements. Grants made from the University to other organizations are shown separately on the Schedule as passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Federal Perkins Loan Program (84.038) - Balances outstnading at the end of the audit period were 999894. Health Professions Student Loans, Including Primary Care Loans/Loans for Disadvantaged Students (93.342) - Balances outstanding at the end of the audit period were 8332. Nursing Student Loans (93.364) - Balances outstanding at the end of the audit period were 657973. The University received an allowance for administrative costs for the Federal Perkins Loan Program of $190,082. Expenditures reported on the Schedule represent the outstanding balance at June 30, 2022 plus fiscal 2023 disbursements and the allowance for administrative costs. There were no disbursements of Federal Perkins Loans during the year ended June 30, 2023. With respect to the Federal Direct Loan Program, the University is responsible only for the performance of certain administrative duties and, accordingly, these loans are not included in the University’s financial statements. It is not practical to determine the balances of loans outstanding under this program at June 30, 2023.
Title: Direct and Indirect Federal Award Expenditures Accounting Policies: The accompanying supplementary schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of University of Vermont and State Agricultural College (the University) and is presented on the accrual basis of accounting. The information in the Schedule is presented in accordance with the requirements of the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. For the year ended June 30, 2023, the University’s discretely presented components units did not administer any federal awards. For purposes of the Schedule, and except as noted below, federal awards include all grants, contracts and similar agreements entered into directly between the University and agencies and departments of the federal government and all subawards to the University by nonfederal organizations pursuant to federal grants, contracts and similar agreements. Grants made from the University to other organizations are shown separately on the Schedule as passed through to subrecipients. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Federal award expenditures consist of direct and indirect costs, which are commonly referred to as facilities and administrative costs (F&A). Direct costs are those that can be readily identified with an individual federally sponsored project. The salary of a principal investigator of a sponsored research project and the materials consumed by the project are examples of direct costs. Unlike direct costs, indirect costs cannot be readily identified with an individual federally sponsored project. Indirect costs are the costs of services and resources that benefit both sponsored and non-sponsored projects and activities. Indirect costs consist of expenses incurred for administration, library, plant maintenance, and building and equipment depreciation. The University and federal agencies use an indirect cost rate to charge indirect costs to individual federally sponsored projects. The rate is a result of a number of complex cost allocation procedures that the University uses to allocate its indirect cost to both sponsored and non-sponsored activities. Rates are negotiated with and approved by the University’s cognizant audit agency, the U.S. Department of Health and Human Services.