Quick Reference Guide for Sponsored Project Expenditures [1]

Sponsored projects are to be charged directly for the types of directs costs that are:

• allowable under the terms and conditions of the sponsored agreement
• consistently treated as direct cost under like circumstances
• reasonable and necessary for the performance of the sponsored agreement
• allocated based on the proportional benefit to the project.

The  Quick Reference for Sponsored Project Expenditures [2] provides guidance on whether a particular type of cost that is reasonable and necessary for the performance of the agreement is treated as a direct cost of sponsored projects and under what circumstances it may be treated differently. The list is not intended to be all-inclusive and does not preclude the need to look at the terms of specific sponsored agreements. See The University of Iowa Accounting Code Manual [3] for an entire list of all types of costs within the University's General Ledger.

Last reviewed: 01/09/2023