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GIM 3 Attachment - Effective Date of Fringe Benefit Rates

These rates represent the current effective University fringe benefit rates as available in the Financial Accounting System (FAS), and are the only rates that can be used in preparing a budget. Though the rates are effective beginning July 1st of a given year, FAS does not switch to the new rates until 7/16. Budgets prepared from 7/1 to 7/15 using the System to Administer Grants Electronically (SAGE) Budget Module will continue to pull in the old rates until July 16th.