October 6, 2020
Update: F&A and Fringe Benefit Rate Agreement
F&A and Fringe Benefit Rate Agreement Update
The Federal Government recently approved the University’s FY19 and FY20 fringe benefit rates, as reflected in an updated rate agreement dated 9.30.2020.
This updated rate agreement does not address FY21 F&A rates nor fringe benefit rates.
What does this mean?
- Fringe benefit rates for FY21 and beyond: Continue to use ‘current rates” on the Institutional Facts and Rates page.
- F&A rates for FY21 and beyond: Continue to use provisional rates (last published rates which are FY20).