Faculty without Clinical Salary

1. Determine the percent of effort pledged and multiply by the institutional base salary (IBS). IBS includes regular (REG) and summer (SUM) pay, paid professional leave (PLP), administrative supplements (ADS) and endowed supplements ((ENS).
2. Multiply the dollar amount resulting from Step One by the current fringe benefit rate. See the Payroll Load Rates website for current rates.  
3. Add the result of Step One and Step Two.
4. Multiply the sum calculated in Step Three by the Facilities and Administrative Cost Rate (F&A - also called the indirect cost rate). Always use the cost share F&A rate, normally the standard rate, unless the sponsor specifically requires an alternative rate to be used. This rate can be found in MyFD, Budgetⁱ Profile under Indirect Cost.
5. Add the result of Step Three to the amount calculated in Step Four. This is the amount of cost share committed including salary, fringe benefits and indirect costs.

Example:

Faculty with Clinical Salary:

1. Determine the Institutional Base Salary ⁱ(IBS) amount. IBS includes regular (REG) and summer (SUM) pay, paid professional leave (PLP), administrative supplements (ADS) and endowed supplements (ENS) and clinical salary paid through UWPⁱ and CUMGⁱ. Determine the clinical salary (CUMG or UWP) amount from the Change Transaction Memo (CTM).
2. Determine the percent of effort pledged and multiply by the result of Step One.
3. Multiply the dollar amount resulting from Step Two by the current fringe benefit rate. See the Payroll Load Rates website for current rates.
4. Add the result of Step Two and Step Three.
5. Multiply the sum calculated in Step Four by the Facilities and Administrative Cost Rate (F&A - also called the indirect cost rate). Always use the cost share F&A rate, normally the standard rate, unless the sponsor specifically requires an alternative rate to be used. This rate can be found in MyFD, Budget Profile under Indirect Cost.
6. Add the result of Step Four to the amount calculated in Step Five. This is the amount of cost share committed including salary, fringe benefits and indirect costs.

Example: