New Fringe Benefit Rates for FY15 Sponsored Programs

New Fringe Benefit Rates for FY15 Sponsored Programs

Apr 01, 2014

New fringe benefit rates for FY15 sponsored programs have been finalized and should be used immediately in proposal budgeting.  

The primary changes are:

  • The full rate for FY15 decreases from 44.5% (provisional) to 38.5% (fixed)
  • The basic rate (aka, partial or FICA) for FY15 decreases from 8.3% (provisional) to 7.7% (fixed)
  • The post doc rate for FY15 decreases from 31.2% (provisional) to 27.9% (fixed)
  • These rates may be used for budget periods beyond June 30, 2015 but are considered provisional. 

The new rate agreement, dated March 14, 2014, is available on the Develop a Budget – Forms web page.

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

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