[rpedela]

Yes they do, but I wonder if those still apply in this case or not. At the end of the day, it is still money coming into the university.

Edit: To answer my own question, funds are currently not subject to university overhead according to their FAQ.

[Fomite]

The funds aren't currently subject to overhead according to the funder, but that seriously demotivates grant staff to shepherd a tiny little grant that isn't particularly helping.

That's what I meant by more trouble than it's worth. A staff member going "meh" can turn into a huge time sink.