Each year, Clarkson University negotiates a fringe benefit rate with its federal oversight agency, the Department of Health and Human Services (DHHS). This rate is applicable to grants, contracts and other agreements with the Federal Government and allows Clarkson to be reimbursed for a portion of fringe benefit costs, expressed as a percentage of salaries. These costs include medical insurance expense, pension plan expense, and worker’s compensation expense, among others.
Clarkson University has accepted a new proposed fringe benefit rate of 34.60%, effect
Please let the Controller’s Office know if you have any questions.
Keith Rosser, Controller
x-7258
