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The rates below are from the May 28, 2008, Federal Rate Agreement, available here. Please note that the FB rate is predetermined for FY'09 and FY'10 at 30%. If you have questions regarding the use of this rate, please contact the Department of Contracts and Grants. |
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7/1/2008 - 6/30/2009 |
30.0 % (predetermined) |
32.75% |
7/1/2009-6/30/2010 |
30.0 % (predetermined) |
34.00% |
7/1/2010-Future |
30.0% (provisional) |
34.00% |
Fringe Benefits do not apply to student employees or teaching assistants. |
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| The base for F&A Costs is the Modified Total Direct Costs (MTDC). |
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* The on-campus MTDC base excludes equipment, capital expenditures, charges for patient care, tuition remission, rental costs of off-site facilities, scholarships, and fellowships as well as the portion of each subgrant and subcontract in excess of $25,000.
** The off-campus MTDC base excludes facilities rental costs and operations and maintenance expenses from the direct cost items of materials, supplies, and services.
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| Note that equipment is defined by the Rate Agreement as tangible, non-expendable personal property having a useful life of more than one year and an acquisition cost of $5,000 or more. |
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