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FRINGE BENEFIT RATES APPROVED UNIVERSITY F&A Rates and Other CUA Detail
The benefit rate used for budgeting is 22.5%. Actual fringe charges are then charged to the grants. The 22.5% is the "university average" that is used for budgeting. Some people may spend less on fringe (if the don't use CUA healthcare, or they don't take full retirement benefits, for example). Some people spend more on fringe (if they get the highest cost health plan, or their salary is low and the fixed costs become a higher percentage, etc.). We have to use an average for budgeting because all offices would be swamped if we tried to calculate it for each individual on a grant. Grants are charged the actual costs of the fringe benefits provided. Federal accounting regulations require us to budget at some university average. DO NOT use the terms overhead and fringe interchangeably. They are actually very different. Overhead is an indirect cost that is a negotiated rate the university is allowed to charge to recoup the costs for things like heating and cooling the buildings, maintenance, etc. Fringe benefits are a direct cost for the benefits provided to the individual employees. The following listed rates are for budgeting purposes. Since overhead is not based on an actual cost, it is charged at the budgeted rate, per federal regulations. The Grants.gov website uses applications which opens files in .xfd, Please download the Pure Edge Viewer (link below) PureEdge Viewer The PureEdge Viewer is a small, free program which will allow you to access, complete and submit applications electronically and securely on Grants.gov. Grants.gov is currently working with PureEdge to develop a unified download solution. However, temporarily: Downloading and Installation For users who plan to access, complete, and submit applications on Grants.gov download and install the PureEdge Viewer: http://www.grants.gov/PEViewer/ICSViewer602_grants.exe
Blank Budget Form for use with PureEdge Viewer This form may need to be unzipped by right clicking and seleting the "Extract all" option.
Last Revised 04-Feb-09 04:11 PM.
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