SALARIES are established by the University. Multiple-year budgets should include estimated salary increases. A 3% increase may be projected unless the sponsor specifies salary inflation rates.
GRADUATE ASSISTANT STIPENDS are set by the departments. The ORI budget template contains a tab that outlines the minimum School/department-level GRA stipends.
FRINGE BENEFITS apply to all University salaries and wages. The actual costs for fringe benefits are charged (billed) to the sponsored project at the time the costs are incurred; the amount charged is based on salary, selected benefit package, and other variables applicable to the individual employee. Graduate student benefit amounts include additional funds to cover employee and employer insurance premiums.
INDIRECT COSTS (IDC) (also known as Facilities and Administrative Costs). At present, KSU does not have a federally-negotiated IDC rate. Thus, KSU must use the De Minimis IDC rate of 15%, unless a different IDC rate is stipulated in the notice of funding opportunity.
The De Minimis rate is applied to Modified Total Direct Costs (MTDC), which typically include all direct salaries and wages, applicable fringe benefits, materials and supplies, services, and travel.
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