Cost Allocation Tip Sheet
Learn about the key concepts and vocabulary that frame cost allocation discussions and practical ways to assign the shared cost of a resource, good, or service.
Strong fiscal systems are key to a healthy program. The materials in this topic guide programs in making the most of their financial resources. Explore tools to help grantees account for their federal assets, comply with regulations, avoid waste, manage risk, and strengthen internal controls. Find information to support grantees in generating in-kind contributions and meeting matching requirements. Learn how to develop sound reporting systems, and execute budgets that reflect program goals and priorities.
Learn about the key concepts and vocabulary that frame cost allocation discussions and practical ways to assign the shared cost of a resource, good, or service.
Cost allocation is the process of assigning the shared cost of an item or service to two or more programs, and it's a key element of fiscal management systems.
Costs to develop and administer a program cannot be excessive or exceed 15% of the total approved program costs. Read about the limitations on development and administrative costs, as well as waiver requests.
In addition to an ongoing risk identification process and cost-effective insurance, this standard requires programs to specifically consider the risk of accidental injury to enrolled children.
Use Financial Essentials courses, available on the Individualized Professional Development (iPD) Portfolio, to create fundable Head Start grant applications and build strong fiscal management systems.
Learn about the features and benefits of the Financial Essentials series.
Read the requirements for protecting federal interest in mortgage agreements.
Review procurement procedures for using federal Head Start funds to contract construction or renovation services.
Get an update on the status of COVID-19 administrative and fiscal flexibilities available to programs.
These animated videos describe best practices for addressing the fiscal regulations and requirements that guide Head Start grant recipients.
HeadStart.gov
official website of the Administration for Children and Families