Fringe Benefit Rates

The Fringe Benefit Rate Project is part of the University's Budget Model Redesign Initiative. The ultimate goal of the benefit initiative is to transition to full budgeting and accounting of benefit costs using campus-wide rates at the account level for all fund sources. The change will greatly simplify accounting, budgeting and projection of fringes, will adopt a widely used best practice across the national college/university community, and will improve financial decision-making.