March 6, 2023

Rate Agreement Updated

The Federal Government recently approved the University’s FY21-FY23 fringe benefit rates as reflected in our newly updated rate agreement dated 12/29/2022.

This updated rate agreement has not changed our F&A rates and does not address FY24 fringe benefit rates.

What does this mean?

• Continue to use ‘current rates” as listed on the UW Institutional Facts and Rates page.
• Use the most current rate agreement when a current rate agreement is requested from sponsors as needed.

We anticipate announcing estimated Benefit Rates for FY24 soon. Please stay tuned for more information.