2020–2021 Process for Requesting Indirect Cost Rates (Charter Schools Only)
| Date: | February 20, 2020 |
|---|---|
| Subject: | 2020–2021 Process for Requesting Indirect Cost Rates (Charter Schools Only) |
| Category: | Funding Implications and Pending Deadline |
| Next Steps: | Charter schools to submit online survey by 3/31/2020 to request/receive an indirect cost rate for 2020–2021 |
Charter Schools Process for Requesting an Indirect Cost Rate
Charter schools must request an indirect cost rate each year by completing and submitting the Request for an Indirect Cost Rate for Charter Schools for 2020–2021 online survey. The deadline for submitting the survey and requesting an indirect cost rate for 2020–2021 is March 31, 2020.
Charter School Indirect Cost Rates Based on Resident School District Data
TEA will access certified Public Education Information Management System (PEIMS) data related to each charter school’s resident public school districts and their respective calculated indirect cost rates to derive rates for charter schools that have requested a rate via the survey.
Completing and Submitting the Survey
The Request for an Indirect Cost Rate for Charter Schools for 2020–2021 survey is available on the Indirect Cost Rates page of the TEA website and/or from any active link within this letter.
2020–2021 Indirect Cost Rate Timeline for Charter Schools
The following table lists milestones for the indirect cost rate request process:
| Date | Action |
|---|---|
| February 20, 2020 | Request for an Indirect Cost Rate for Charter Schools for 2020–2021 survey is made available via the Indirect Cost Rates webpage and links within this letter. |
| March 31, 2020 | Due date for charter schools to request an indirect cost rate by submitting the online survey. |
| July 1, 2020 | Indirect Cost Rate notification letters posted in GFFC Reports and Data Collections, accessible through TEAL. |
Resources
Please refer to the Indirect Cost Rates page of the TEA website for further information and additional resources regarding indirect cost rates.
For Further Information
If you have questions about the indirect cost rate process and/or the Request for an Indirect Cost Rate for Charter Schools for 2020–2021 survey, please email compliance@tea.texas.gov.