by Office of the Vice President for Finance
The Office of Naval Research has recently approved Michigan Tech’s Fiscal Year 2019 predetermined fringe benefit rates effective July 1, 2018. The rate agreement can be found online.
Beginning July 1, 2018, these rates will be applied to all funds including active sponsored projects. Effective immediately, the rates will be used for Sponsored Programs proposal budgeting.
In accordance with the Fiscal Year 2019 approved predetermined fringe benefit rate agreement, the rates effective July 1, 2018, are as follows:
- Regular Non-Student Employees Rate 37.4%
- Summer/Additional Compensation Rate 20.5%
- Graduate Student Rate 8.6%
- Temporary Employees Rate 10%
- Undergraduate Student Rate 0%
If you have any questions regarding proposals and budgeting, email Lisa Jukkala or call 7-2226. For questions regarding charging of sponsored projects, email Tammy LaBissoniere or call 7-2244. For questions regarding charging of non-sponsored funds, email Sue Laajala or call 7-2121.