New Fringe Rates for FY14 Should be Used Immediately in Proposal Budgets

New Fringe Rates for FY14 Should be Used Immediately in Proposal Budgets

Feb 05, 2013

New fringe benefit rates for FY14 sponsored programs have been finalized and should be used immediately in proposal budgeting.  

The primary changes reflect the following:

  • The full rate for FY14 goes from 47.5% (provisional) to 46.3% (negotiated);
  • The basic rate (aka, partial or FICA) for FY14 goes from 8.3% (provisional) to 7.9% (negotiated);  
  • The post doc rate for FY14 goes from 31.7% (provisional) to 29.9% (negotiated);
  • The full rate for FY15, and beyond, goes from 47.5% (provisional) to 44.5% (provisional);
  • The basic rate (aka, partial or FICA) for FY15, and beyond remains at 8.3% (provisional);  and
  • The post doc rate for FY15, and beyond, goes from 31.7% (provisional) to 31.2% (provisional).

Please direct questions about the implementation of these rates to your SPA Grant and Contract Administrator.

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