CFR > Title 34 - Education > SUBTITLE A—Office of the Secretary, Department of Education > PART 74—ADMINISTRATION OF GRANTS AND AGREEMENTS WITH INSTITUTIONS OF HIGHER EDUCATION, HOSPITALS, AND OTHER NON-PROFIT ORGANIZATIONS > SUBPART C—Post-Award Requirements (§74.20 to §74.62) > 74.27—Allowable costs.

74.27—Allowable costs.

(a) For each kind of recipient, there is a set of cost principles for determining allowable costs. Allowability of costs are determined in accordance with the cost principles applicable to the entity incurring the costs, as specified in the following chart.

Code of Federal Regulations

Note: OMB circulars are available from the Office of Management and Budget, Publication Office, Room 2200, New Executive Office Building, Washington, DC 20503 (202) 395-7332.)
For the cost of a— Use the principles in—
Private nonprofit organization other than (1) An institution of higher education; (2) a hospital; or (3) an organization named in OMB Circular A-122 as not subject to that circular OMB Circular A-122.
Educational institution OMB Circular A-21.
Hospital Appendix E to 45 CFR part 74 .
Commercial for-profit organization other than a hospital and an educational institution 48 CFR part 31 Contract Cost Principles and Procedures or uniform cost accounting standards that comply with cost principles acceptable to ED.
(b) The cost principles applicable to a State, a local government, or Federally recognized Indian tribal government are specified at 34 CFR § 80.22.

Code of Federal Regulations

(Authority: 20 U.S.C. 1221e-3, 3474 ; OMB Circular A-110)