Which federal cost principles are the university bound to?

UL Lafayette adheres to OMB A-21, Cost Principles for Educational Institutions.

Other OMB Circulars that apply are:

• OMB A-110, Uniform Administrative Requirements for Grants and Agreements With Institutions of Higher Education, Hospitals, and Other Non-Profit Organizations
   
• OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations.