TO: Vice Presidents, Deans, Directors & Department Chairs
College Budget Officers
FROM: Gregory F. Ball
Vice President for Research
SUBJECT: Implementation of New Fringe Benefit Rate Agreement
The University has successfully negotiated a new Fringe Benefit cost rate agreement with the U.S. Department of Health and Human Services for the upcoming Fiscal Year 2025. The University's current Fringe Benefit rates for FY25 are summarized below. The official rate agreement has been finalized and posted at: https://ora.umd.edu/sponsored-research-toolbox/um-resources/f-information.
The following fringe rates are effective 07/01/2024 through 06/30/2025:
| Group | FY25 Rate | Object codes |
|---|---|---|
| Faculty | 30.80% | 1011, 1012, 1015, 1016,1018 -- Includes 12-month and academic year faculty |
| Staff | 36.20% | 1013, 1014 -- Includes exempt and non-exempt staff |
| Limited Benefits | 22.10% | 1020, 2067, 2068, 2069, 2072, 2073, 2090 -- Includes contractual faculty and staff and graduate assistants |
| Legislated Benefits | 5.9% | 2071, 2074, 2075, 2080, 2081, 2100, 2120, 1099, 2099 -- Includes students with hourly wages, and faculty/staff additional pays |
These rates should now be used for all grant and contract proposals and planning purposes for non-sponsored funding sources. Kuali Research and Kuali Financial System will be updated to reflect these new rates in FY25.
If you have any questions, please contact Debra Murray, Assistant Vice President, Sponsored Programs Accounting and Compliance, at dymurray@umd.edu.