Individual with Half-Time Appointment (based on a grant award/contract issued on or after January 12, 2014 with salary limitation of $181,500)
Individual’s institutional base salary for a HALF-TIME calendar year appointment | $100,000 |
Research effort requested in application/proposal – 1.8 months (30% of 6 months) | |
Direct Salary requested | $30,000 |
Fringe benefits requested (25% of salary) | $7,500 |
Subtotal | $37,500 |
Applicant organization’s F&A (indirect) costs at a rate of 45% of subtotal | $16,875 |
Amount requested – salary plus fringe benefits plus associated F&A (indirect) costs | $54,375 |
If a grant/contract is to be funded, the amount included in the award for the above individual will be calculated as follows: | |
Direct salary – restricted to a RATE of 50% of $181,500 | $90,750 |
Divided by 6 months multiplied by 1.8 months (30%) | $27,225 |
Fringe benefits (25% of allowable salary) | $6,806 |
Subtotal | $34,031 |
Associated F&A (indirect) cost at 45% of subtotal | $15,314 |
Total amount to be awarded due to salary limitation | $49,345 |
Amount of reduction due to salary limitation ($54,375 requested minus $49,345 awarded) |
$5,030 |