Courses and resources

Detail what exactly TRAC is.

Look at why and when we have to review TRAC.

Work through the TRAC process.

Review the inputs to TRAC and identify what the outputs are from the process.

Detail what FEC is and how it relates to TRAC.

Look at the definitions relating to FEC.

Review Estate, Indirect, Technician and Major Research Facility Rates, what they are and how they are applied to Research Grants.

Review FEC vs Price and how this relates to Research Applications.

Look at some definitions for Gross Research Income and Earnings.

Work through some research applications to highlight how FEC is applied in different circumstances.

Who Should Attend University staff who deal directly or indirectly with Research Grants, College Budgets and/or TRAC returns.

Professional Services staff who interact with Business Support (incorporating Research Accounting).

Aims and Outcomes:

To gain a broad understanding of the TRAC process and how rates are derived.

To understand how these rates are then applied to research grants.

To understand how the FEC of a project is built up and how it is linked to TRAC.

To understand the definitions used with FEC.

To look at how FEC differs from Price on research projects and how income and earnings are affected by this.