11/7/2022 0 Comments Neh budget workbookThese rates are currently in flux as state and federally mandated minimum wage rates are increasing. Grant-funded student research assistants working during the summer months should be paid at rates approved by the college based on the rate currently used by the Faculty Research Committee for the Student Research program. Please check with the Grants Office when preparing the budget as salary increases will affect the amount budgeted for benefits. Project proposals that cover more than one year should include salary and wage increases of 2-3 percent in subsequent years. NEH BUDGET WORKBOOK MANUALPlease refer to the faculty manual for policies regarding leave. Any grant that requires that the faculty member take a leave should be reported to the dean of academic affairs responsible for that department as soon as possible. Salary supplements or substitutions for teaching during the academic year must be negotiated on an individual basis. Benefits costs are treated as direct costs in proposal budgets, but are not counted against the salaries and wages base for the purposes of calculating the F&A amount. Faculty members are urged to consult with the Grants Office on personnel costs in their budgets. However, the actual rate to be included can vary: for example, in most cases when a faculty member is requesting summer salary for themselves, the only applicable benefit is the employer’s contribution to FICA, at 7.65 percent. The current average benefit rate for regular, full-time employees is approximately 31 percent. NEH BUDGET WORKBOOK FULLThe funding request must cover the full cost of salaries and benefits for any grant-funded position.īenefits may include the employer’s contribution to FICA, worker’s compensation, unemployment insurance, medical coverage, life insurance, and pension plans, depending on the person and period of time in question. Grant-funded positions of six months’ duration or longer, and of half-time or greater are eligible for benefits as defined in the college’s benefit plan. Grant requests to support non-faculty personnel (e.g., administrative positions, student assistants) must conform to the salary scale and benefit eligibility of regularly budgeted college positions. If the funding agency will not permit the full rate to be charged, consult the Grants Office.įor most research proposals, faculty members may request summer salary support for up to two months, calculated as 2/9 of the academic year base salary. Proposals submitted by members of the faculty should use the predetermined F&A/indirect rate whenever allowed. It is the college’s policy to recover indirect costs as allowed by funding agency guidelines. For research projects that take place off-campus, the rate is 28 percent of salaries and wages. The current rate in effect through June 30, 2024, is 67 percent of salaries and wages. Administration covers general administration and expenses, departmental administration, sponsored projects administration, student administration and services, etc.į&A rates for most federal grant requests are set every three years, in negotiation between the college’s Budget Office and federal auditors from Region I of the Department of Health and Human Services (DHHS). Facilities and administrative costs are defined as those “that are incurred for common or joint objectives and, therefore, cannot be identified readily and specifically with a particular sponsored project, an instructional activity, or any other institutional activity.” Facilities covers college borne costs such as depreciation and use allowances, interest on certain debt, equipment and capital improvements, operation and maintenance expenses, and library expenses. (Note that some of the specifics, such as indirect and fringe benefit rates, are different from those of Trinity.)įederal regulations (OMB Circular A-21) define cost principles for educational institutions. The University of Southern Indiana has this handy list of common budget items. Use the Trinity Grants Office budget template to start building your budget. As you build your project or research budget, think as broadly as possible understanding that it may be possible for some costs to be absorbed by your department or the college. If you are planning a performance, there may be site expenses to consider. If you are planning an event, you might need to include lunch or coffee costs. NEH BUDGET WORKBOOK REGISTRATIONBudgets can include a wide range of expenses including material salaries and/or stipends travel expenses including airfare, hotel and food publicity and registration fees. It can provide a framework to build your project and proposal around. Almost all funders request a budget for submission and the college requires one for all projects.Ĭreating a budget is one of the best ways to begin planning a project.
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