Modified Total Direct Cost (MTDC)

All direct salaries and wages, applicable fringe benefits, materials and supplies, services, travel, and up to the first $25,000 of each sub award (regardless of the period of performance of the sub wards under the award). MTDC excludes equipment, capital expenditures, charges for patient care, rental costs, tuition remission, scholarships and fellowships, participant support costs and the portion of each sub award in excess of $25,000. Other items may only be excluded when necessary to avoid a serious in equity in the distribution of indirect costs, and with the approval of the cognizant agency for indirect costs.

» Glossary of Terms, Acronyms and Definitions