Faculty without Clinical Salary

1. Determine the percent of effort pledged and multiply by the institutional base salary (IBS).
2. Multiply the dollar amount resulting from Step One by the current fringe benefit rate. (This rate is located in Administrative Applications, choose FIN and Select Screen 9 [Payroll Rate Inquiries])
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.
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 X portion of the  institutional base salary.
2. Determine the clinical salary amount from the Change Transaction Memo.
3. Determine total salary amount by adding the value determined in Step One to the value determined in Step Two (X + Y).
4. Determine the percent of effort pledged and multiply by the result of Step Three.
5. Multiply the dollar amount resulting from Step Four by the current fringe benefit rate. (This rate is located in Administrative Applications, choose FIN and Select Screen 9 [Payroll Rate Inquiries])
6. Add the result of Step Four and Step Five.
7. Multiply the sum calculated in Step Six 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.(also called indirect cost rate).
8. Add the result of Step Six to the amount calculated in Step Seven. This is the amount of cost share committed including salary, fringe benefits and indirect costs.

Example: