Fiscal Year 2022 fringe benefit rates have been approved by the U.S. Department of Health and Human Services (DHHS), based on estimates of the average annual costs of the program. The new rates take effect on 7/1/21. Please note that the RF undergraduate and summer rates remain the same as they have been for several years and are not projected to increase. Rates for future years are also included for planning purposes, but are subject to change annually after DHHS review and approval.
The rates are as follows (all rates are percentages):
| Fiscal Year | Regular | Graduate | Undergraduate | Summer |
|---|---|---|---|---|
| 2021-2022 | 39.5 | 13 | 6 | 14.5 |
| 2022-2023 | 40 | 13 | 6 | 14.5 |
| 2023-2024 | 42 | 15 | 6 | 14.5 |
SUNY rates for IFR and other applicable transactions such as Extra Service are as follows:
| 2021-2022 | 2022-2023 | 2023-2024 | |
|---|---|---|---|
| Federal | 61.85 | 59.75 | 60.00 |