BUDGET WORKBOOK AND GRA FULL
BUDGET WORKBOOK AND GRA PLUS

Honorariums for Advisory Boards, Consultant fees, Consultant Travel, Consultant Materials, and Teacher Instruction Fees are all examples of appropriate consultants. The consultant category is used for payments made to an outside person or company providing an individual service, technical assistance, and/or review to the project. Charges are generally calculated per person and monetary type (gift card, cash, check) should be specified. Human subjects participant incentives are set by the Principal Investigator based on reasonable amounts to help ensure a sufficient response rate for the project’s analysis. Stipends are budgeted based on generalized student salary rates, dependent on anticipated cost at time of proposal. Fellowships are normally paid as stipends (not salaries) but sponsors may allot a separate and limited amount for salary and fringe benefits. TRAINING GRANT ONLY: Costs of scholarships, fellowships, and other programs of student aid are allowable only when the purpose of the sponsored agreement is to provide training to selected academic training participants and the charge is approved by the sponsoring agency. Additionally, tuition costs are increased by 2% subsequent fiscal years in order to account for anticipated tuition increases.

BUDGET WORKBOOK AND GRA FULL

College of Education remits the portion of tuition proportional to the effort committed to the project based on the full tuition cost necessary for GRA status (9 hours for each long semester, 3 hours for the summer semester). The graduate tuition rate varies between University colleges and is set each academic year (fiscal year) by the Graduate School. View negotiated fringe rate guidelines here: Īs per University policy, the College of Education remits tuition for all graduate research assistants working on sponsored projects.

For appropriate budgeting purposes, weighted fringe rates have been calculated and applied based upon project period start and end dates for project years that span two fiscal years. In accordance with University budgeting policy, all future fiscal years are escalated by 0.5% for fringe benefits eligible full-time and part-time employees for anticipated increases.

Student hourly employee salary information can be found on the UT HRS website: LINKĪll other hourly employees salary information can be found in Workday for the title you will appoint them.įringe benefit rates are based on The University of Texas at Austin’s current federally negotiated fringe rates for the appropriate employee benefits level at the time of proposal submission. See below template instructions for calculating annual salary based on hourly rate.// Hourly employees are calculated using their hourly rate translated to an annual salary. Currently, the required GRA annualized salary is $50,666.67. GRA salaries are set by the Graduate School. GRAs are appointed using their 12-month salary rate for the calendar year. They must be meet a minimum of full-time (40 hours) appointment to qualify as a Postdoc and must include a mentoring element intended to produce a professionally developed academic scholar. Postdoc appointments are made for a minimum of 9-months at a time and salaries are set by the PI hiring them on the project and are set based on their experience and skills. Postdocs are appointed using their 12-month salary rate for the calendar year. If a position is TBD, the salary can be estimated using the salary range set forth for the anticipated job title established in Workday.

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Researcher/Staff salaries are set by the hiring department and available in Workday. Researchers/Staff are appointed using their 12-month salary rate for the calendar year. Faculty salaries are set by the hiring department and available in Workday. This rate is extrapolated to a 12-month rate for calculations during the summer.

BUDGET WORKBOOK AND GRA PLUS

In accordance with The University of Texas at Austin budgeting practices for all grant funding regardless of source, salary rates are escalated by 3% in subsequent years for projected increases as determined by our academic unit's fiscal office to document actual needs for budgeting and accounting purposes.įaculty are budgeted using their 9-month institutional base salary rate (base salary plus their supplemental pay). Salary rates are based on approved salaries for the fiscal year and are derived from University approved pay plans for the job categories.

Budget workbook and gra