How should I calculate indirect cost for my project?

As per budget guidelines - calculated by applying the Indirect Cost Recovery Rate (ICRR) to the Modified Total Direct Cost (MTDC). Facilities and administrative costs must be included in the indirect costs unless the sponsor / funder has a written policy applicable to all potential proposers which deviates from these rates. All deviations are subject to Finance Department Approval (Rheinard (041 504 2787 | Rheinard.vanOnselen@mandela.ac.za) or Mariam (041 504 3687 | Mariam.Jogee-Jamal@mandela.ac.za)). Supporting documentation must be provided with your proposal.