The Federal Government recently approved the University’s FY21-FY23 fringe benefit rates as reflected in our newly updated rate agreement dated 12/29/2022.
This updated rate agreement has not changed our F&A rates and does not address FY24 fringe benefit rates.
What does this mean?
- Continue to use ‘current rates” as listed on the UW Institutional Facts and Rates page.
- Use the most current rate agreement when a current rate agreement is requested from sponsors as needed.
We anticipate announcing estimated Benefit Rates for FY24 soon. Please stay tuned for more information.
Thank you,
Management Accounting and Analysis and the Office of Sponsored Programs