The University recently submitted its fringe benefit proposal to the U.S Department of Health and Human Services (DHHS) to establish the fiscal year 2018 fringe benefit rates for sponsored projects. These rates are not final until we receive the official rate letter from DHHS, however, we do not expect any significant changes when they are finalized.
The Facilities and Administrative (F&A) rate proposal is one of significant financial importance to the University as it seeks to grow its research enterprise. An increase of 1% in the University’s rate can equate to approximately $200K to $300K in overhead recovery per year on a permanent basis.