03/18/10 1:34 AM






 
Business & Financial Affairs

Rates to Remember

The following are the rates approved for use on grants, contracts and other agreements for calculation of Facilities and Administrative costs (indirect costs) and fringe by Spelman College. The rates listed are effective until 6/30/2010, at which time they may be subject to change.

Rate Type Rate(%) Location
**F&A Costs 58.8 On-Campus
**F&A Costs 30.0 Off-Campus
Fringe(Faculty/Staff) 25

On or
Off-Campus

*Fringe (Students, including
Graduate Assistants)
7.65 N/A
*Fringe is not calculated against student wages during the academic year.
**Please note some programmatic grants mandate F&A rates at levels different than the approved rates from HHS. The proposal guidelines will indicate the indirect cost rate at which a grantor will fund a particular project.

How to Calculate Indirect Cost

F&A Cost = F&A Cost Rate*Total Direct Salaries and Wages for faculty staff and students

In some instances, indirect cost is calculated based on total fringe in addition to total direct salaries and wages. Refer to to determine if this is the case in your grant.

How to Calculate Fringe

Total Fringe=(Fringe Rate*Total Faculty and Staff Salaries)+(Fringe Rate*Summer Student Wages)