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The cost accounting principles for
determining and applying benefit rates are:
- Benefit costs must
be allowable, allocable, reasonable and treated consistently
- Benefit costs assigned to each benefit rate (numerator) are actual costs or are allocated based on salaries/wages (base) of employees receiving the benefits
- Benefit costs related to salaries or wages treated as direct costs on sponsored agreements must also be treated as direct costs
- Benefit costs related to salaries or wages treated as F&A costs must also be treated as F&A costs
- Unallowable costs such as tuition remission for spouse and dependents are not included in the benefit costs of the rates.
- Health insurance for postdoc fellows/trainees are not included in any of the benefit rates.
holiday, sick leave pay and other paid absences are included
in salaries and wages (base)
These cost principles are based on the Federal Government's OMB Circular A-21 Cost Principles for Higher Education.
Last modified May 08 2012 12:57 PM