Use the grant budget template to start building your grant budget. Please use this template to submit with the Accelerated Routing Form.
Budget Tools
Not Sure Where To Start?
Student Wages in the Budget Template
|
Tab |
FY 2022-23 |
FY 2023-24 |
FY 2024-25 |
FY 2025-26 |
|---|---|---|---|---|
|
Hourly Rate |
$13.90 |
$14.60 |
$15.00 |
$15.00 |
Fringe Rates
|
Fringe Calculation |
Rate (%) |
Components |
|---|---|---|
|
Staff and Faculty: Academic Yr. |
32.4 |
Base rate1, TIAA-CREF2, and insurance3 |
|
Summer Students, Staff, and Faculty (and Sabbatical) |
8.9 |
Base rate |
|
Student (Academic Year) |
1.2 |
Base rate |
|
Direct/Indirect Costs
Direct Costs: Costs that are charged directly to sponsored projects and are clearly identified within that project's activity and objectives.
Indirect Costs or Facility and Administrative: Costs that are not directly related to a specific sponsored project and are incurred for common or join objectives, sometimes referred to as overhead.
Current rate: 55.3% of direct salaries and wages, excluding fringe benefits
Need HELP?
Feel free to email or call for any budget assistance.