Fringe Benefit Rates
The actual costs of fringe benefits are accumulated in the Current
Unrestricted Fund as deferred charges (see General Accounting Procedure No. 19). These
costs are allocated with each payroll, using the 61XXXX General Ledger account, based on
predetermined percentages applied to actual payroll expense.
The percentages used to allocate the cost of fringe benefits are
established annually by the Vice President of Finance,
but may be revised during the year if necessary. Applicants for
grants that require cost estimates for future fiscal years should
contact the Office of Sponsored
Programs to obtain estimated percentages to be used for future
years.
The Department of Health and Human Services (DHHS) formally approves
our federal fringe benefit rates. The negotiated rates and projections
are available below. These fringe benefit rates should be used for
budgeting and long range planning purposes, as well as when preparing
grant applications that cross fiscal years.
Two sets of fringe benefit rates are specified for each fiscal
year. The "Federal" rates will be used for federal grants and contracts
and for Durham Regional Hospital and Duke Raleigh Hospital.
The "Non-Federal" rates will be used for all other entities including
non-federal grants, contracts, departments, etc. The differentiation
in fringe benefit rates reflects the elimination of Federal participation
in the reimbursement of the tuition grant fringe benefit program
for federally funded grants and contracts and for Durham Regional
Hospital and Duke Raleigh Hospital.
Refer to the following for more information or
contact Cost and Reimbursement Accounting at 668-5324.
