Institutional overhead payments cover indirect costs like facilities, administration, and compliance for research grants. Universities and nonprofits use these funds to support infrastructure, utilities, and staff salaries. The primary beneficiaries are the institutions themselves, enabling them to sustain operations and allocate more grant money directly to research activities.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends