FY25 Fringe Benefits Rates
Washington University in St. Louis has negotiated new predetermined fringe benefit rates with our Federal cognizant agency, the Department of Health and Human Services. These rates and the applicable rate agreement are effective for the period July 1, 2024 through June 30, 2025, see below:
NOTE: Projected Rates will be updated subsequent to the rate negotiation process.
Reminders Regarding Fringe Benefit Rate Functionality:
- Effective July 1, 2021, fringe benefits is charged as a flat rate based on job/appointment type (academic, staff, postdoc, clinical fellow, etc.) and funding source (federal/state/local or other).
- Dependent tuition will not be charged to state and local sponsors.
- Workday and RMS will automatically apply the correct fringe rate based on HR appointment type and sponsor information.
- These rates will be updated in RMS for FY2025. Fringes will be charged only on the first $200,000 of base salary per calendar year. This is the fringe cap.
- Once the fringe cap is reached by total base pay during a calendar year, fringes can no longer be charged to a grant even if there are remaining months of allowable salary. Note: Charging of fringe benefits will restart at the beginning of new calendar year.
- The new rate agreement will be available on the SPA website.
- When requested in proposals, use 6/7/2024 as the rate agreement date.
If you have any questions regarding this issue, please contact Joe Gindhart in Sponsored Projects Accounting (jgindhart@wustl.edu).
Colleges and Universities Rate Agreement 6/7/2024
FY2023 F&A Rate Agreement
Colleges and Universities Rate Agreement 4/28/2022