8. My LEA has an approved Indirect Cost Rate of 6.24%. When I submitted for a grant we were told the maximum allowable Indirect Cost was only 5%. Why did we have to take a lower rate then what we were approved for?

Indirect Cost may be restricted or disallowed on some grants. In this instance, the grant itself was had an additional restriction. The Maximum Allowable Indirect Cost Rate by Grant Matrix can be found on the Glossary page.