February

In preparation for the asset verification, an individual survey will be sent to each fixed asset custodian on Monday, February 21, 2022, with a link to identify dispositions and/or confirm equipment.  The email will be sent from DrexelInv@AssetServices.com.  Drexel IT has added this email address to the safe senders list, but if you are receiving this notice and do not receive an email from DrexelInv@AssetServices.com on Monday, please check your junk mail folder. 

The National Institutes of Health (NIH) has increased the NIH Salary Cap for Executive Level II to $203,700, effective January 2, 2022. The salary cap is a mandated provision of Congress that limits the amount of direct salary that can be charged to an NIH grant or contract. Salaries above the $203,700 limit must be allocated to the impacted grants cost share fund (281XXX).