Related Sites

Alum Success

Don Sawruk

Don Sawruk '70

"My two business degrees from LSSU were instrumental in preparing me to work at all levels of Edison Sault Electric (ESE), concluding with the privilege of becoming ESE President in 1998. My company also takes pride in that 14 out of a total of 17 management personnel and about 20% of hourly employees at ESE either have degrees from or have attended a substantial number of classes at LSSU. Finally, our company and employees have contributed in excess of $500,000 to various LSSU projects over the last 25 years. ESE Believes in Blue."

Edison Sault Electric Company
President and CEO
Sault Ste. Marie, MI

LSSU Business and Economics Outstanding Alumnus Award '03

Office of Sponsored Programs

LSSU Financial Facts

Fringe Benefits

Fringe Benefit Sheet Is Available from Human Resources (x2190)

Indirect Costs

Indirect costs include expenses that are less obviously related to the project, but are still necessary to support the environment in which the project takes place. Indirect costs are sometimes referred to as "overhead costs" or "facilities and administrative costs." These costs can include plant operations, the business office, purchasing, personnel office, departmental administration, and library services and materials.

It is the policy of Lake Superior State University to include an amount for indirect overhead costs in all budgets for grants and contracts unless expressly prohibited by the grantor agency or unless the President or Vice President waives recovery of indirect costs. (§1.4.2 of the Procedures Manual). The federally-negotiated indirect cost rates for the University are:

On-campus projects: 53 percent.
Off-campus projects: 22 percent.

These rates are in effect until amended. When a change in rates is negotiated, the Director of Sponsored Programs shall notify interested parties of the new rate.

A copy of the federally-negotiated agreement is available in the Office of Sponsored Programs.

Ready for the Challenge

First Place
Lake Superior State University

2007 ASME District B Student Professional Development Conference

Impromptu Design Contest

March 30-April 1, 2007
Ann Arbor, Michigan

Hosted by ASME Student Section, University of Michigan, Ann Arbor

[ more ]

Share this page with your friends: