UNC’s Federal ‘Overhead’ Left Untouched — For Now
Last year, 15 universities comprising the University of North Carolina system (excluding the N.C. School of the Arts) received $123.6 million in what are known as “overhead receipts” from federal research grants. That money, which the UNC system prefers to call “facilities and administrative receipts,” is money given on top of the actual grant amount that is intended to defray the administrative and institutional costs in conducting the actual research.