The Office of Naval Research has recently approved a Fringe Benefit rate for Michigan Tech. These newly approved rates should be used immediately on all Sponsored Programs proposal budgets, and will be applied to all funds; including active sponsored projects.
In accordance with the Fiscal Year 2019 Fringe Benefit rate agreement, the rates effective July 1, 2018 are as follows:
- Regular non-student rate: 37.4%
- Summer/additional rate: 20.5%
- Graduate student rate: 8.6%
- Temporary employee rate: 10%
- Undergraduate rate: 0%