Fiscal Year 2023 Fringe Benefit Rates
The Office of Naval Research has recently approved Michigan Tech’s Fiscal Year 2023 Fringe Benefit rates, effective July 1, 2022. The rate agreement can be found at Michigan Tech's Research Facts and Figures webpage.
Beginning July 1, these rates will be applied to all funds, including active sponsored projects. Effective immediately, these rates will be used for Sponsored Programs proposal budgeting.
In accordance with the Fiscal Year 2023 approved fringe benefit rate agreement, the rates effective July 1 are as follows:
- Regular Non-Student Employees Rate — 42.6%
- Summer/Additional Comp Rate — 20.2%
- Graduate Student Rate — 8.4%
- Temporary Employees Rate — 10.0%
- Undergraduate Student Rate — 0%
If you have any questions regarding proposals, budgeting and charging of sponsored projects, please contact Kelly Kallio at 906-487-2226 or kmkallio@mtu.edu.
For questions regarding charging of nonsponsored funds, please contact Sue Laajala at 906-487-2121 or slaajala@mtu.edu.