Fees and Discounts
The University of ColoradoÌýÂ鶹ӰԺ is a State of Colorado nonprofit institutionÌýwith a public mission. Based on this status and mission we:
- Cannot offer discounts.
- Do not charge fees (budgets are based on estimated costs) on sponsored projects.
In line with our tax-exempt status, budgets do not include tax expenses of any kind (e.g. export and import, income tax, sales tax, value-added tax, goods and services tax, fees, etc.) imposed under any local, regional, or national law.
If any tax is levied on a project by the local, regional, or national government of the sponsor, CU Â鶹ӰԺÌýrequires one of the following:
- The award amount be increased as necessary to cover the additional cost of the tax and the sponsor agrees to reimburse CU Â鶹ӰԺÌýfor the tax through a written modification to the agreement,Ìýor
- The sponsor takes the responsibility for payment of the taxes directly to the tax authority and provides CU Â鶹ӰԺ with written documentation as proof the tax was paid on its behalf