June 13, 2019
2020 Benefit Rates Available
Fiscal Year (FY) 2020 fringe benefit rates (i.e. payroll load rates) are available in the Benefit Rate Table and within SAGE budget.
To apply the new rates to a SAGE Budget in progress:
- Go to the Properties tab of your SAGE budget
- Scroll to Benefit Rates and choose “Use Preliminary Budget Rates”
- Click “Update Benefit Rates”
Use these rates on multi-year sponsored program proposal budgets to best reflect anticipated costs.
If you submitted a proposal using FY19 rates for budget years beyond FY19, upon award, you may re-budget as necessary to account for the changes. In most cases, this will not require sponsor approval.
Questions about SAGE Budget?