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Budget Information

Indirect Cost Rates | Estimating Fringe | Yearly Increases | Calculating Salaries | Travel Costs

 

Indirect (or Facilities and Administrative) cost rates (Back to Top)

Cognizant federal agency: DHHS
Date of agreement: June 24, 2008
Type of agreement: Predetermined
Effective: From 7/1/08 to 6/30/11

Predetermined Rates for all programs on campus: 43.3%

Predetermined Rates for all programs off campus: 17.3%

 

Rates for estimating fringes for grant salaries and wages (Back to Top)

(effective for new proposals with project periods begining after 7/1/2005)

If you need to break down the fringes by type of benefit (as Health & Human Services and U.S. Department of Education often require), click here to see a more detailed chart.


Yearly increases (Back to Top)

An increase of 5% per year is recommended for salaries in calculating multi-year budgets.


Calculating salaries (Back to Top)

  • Nine-month contract = 180 work days (contract year: August 16 to May 15); 37.5 hours/week in the academic year
  • Ten-month contract = 200 work days
  • Twelve-month contract = 240 days
  • Summer Assignment = 2 five-week periods; 31 days per fiscal year; 35 hours/week
  • Fiscal Year begins on July 1 each year (July 1, 2004 to June 30, 2005 is FY 2005)
  • Minimum wage is $5.85 per hour until June 30, 2008.
    • Beginning July 1, 2008, minimum wage increases to $6.55 per hour.
    • Beginning July 1, 2009, minimum wage increases to $7.25 per hour.

 

Travel costs (Back to Top)

These rates effective since 7/1/05
Standard subsistence: $30.00 per diem
Breakfast: $7.00
Lunch: $8.00
Dinner: $15.00
High-rate subsistence: $36.00 per diem
Breakfast: $8.00
Lunch: $9.00
Dinner: $19.00
Mileage allowance: $0.49 per mile (beginning 1 August 2008)
Receipt Requirement: Any expense (e.g.: gratuities, cab fare) over $10 requires a receipt.
Travel questions may be directed to the Office of the Controller at x5-5327.

Page last updated July 18, 2008 09:44:30 am