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June 6, 2018 | Category: Announcement

TO: All Faculty and Staff

FROM: Amy Gustavsson, Office of Budget & Planning

The Office of Budget and Planning is pleased to announce a new rate agreement with Health and Human Services for the recovery of fringe benefit costs charged to sponsored grants and contracts. The new rates are effective from July 1, 2018, through June 30, 2019.

The rates are as follows:

Restricted Full Time 29.3%
Mandated 7.8%
Post Doc 17.0%
Faculty Summer Supplement 16.4%

The above fringe benefit rates and the latest HHS Rate Agreement will soon be updated and available on Finance & Planning's website:

Please note the provisional (PROV) fringe benefit rates are noted below.  These provisional rates are to be used for budgeting purposes on grant and contract proposals for awards that will begin after June 30, 2019. These rates are typically used on proposal submissions during the spring, before we get a new HHS Rate Agreement in June.

Restricted Full Time 29.0%
Mandated 8.2%
Post Doc 18.6%
Faculty Summer Supplement 17.1%

If you have any questions, please contact Amy Gustavsson at ext. 78863 or Lisa Halpert at ext. 73719.

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