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If not spent or disbursed within 10 days, funds must be returned to the awarding agency. (h) Cost must be incurred during the approved budget period.MTDC Modified Total Direct Cost. NFE Non-Federal Entity. Once you complete your online application you will receive immediate notification of whether your payment plan has been approved. The Payment Request Checklist must be completed for all payments. Once eligibility has been approved, an in-depth application survey must be filled out. The screening tool must be completed online. Costs and must submit a copy of their current federally-approved indirect cost rate agreement with the application.