Ithaca College

The following is submitted on behalf of William Kay, Acting Director of Grants and Sponsored Projects:

The Office of Grants and Sponsored Projects is providing updated Fringe Benefit and Indirect Cost rates to be used for external funding proposals. These rates are particularly important for federal grant proposals where the College receives funding to offset the cost of fringe benefits, the cost of grants administration and institutional costs associated with research activities.

Fringe Benefit Rates
Fringe benefit rates were calculated using FY 2011 budget information. The following rates are to be used for developing budgets for federal grants and other funding sources where applicable:

AY 2011-12 Fringe Benefit Calculation
Staff: 30.75%
Faculty, academic year effort: 30.75%
Faculty, summer and sabbatical: 14.65%
Student: 9%

Indirect Rates
The indirect rate is established through negotiation with the federal government and is 59.5% for AY 2011-2012.

If you are interested in additional detail regarding fringe rates and indirect costs, please contact the Office of Sponsored Grants and Projects at acadfund@ithaca.edu or 274-3113.