Loyola University Chicago

Sponsored Program Accounting

Unallowable Cost Policy

The Office of Management and Budget (OMB) Circular A-21 prohibits the University from charging federally funded agreements or requesting federal reimbursement for the following costs that A-21 refers as "unallowable costs". The primary document containing federal costing regulations for universities is Office of Management and Budget (OMB) Circular A-21, Principles for Determining Costs Applicable to Grants, Contracts, and Other agreements with Educational Institutions.

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