Tax exempt numbers:
Federal indirect cost rate: 50 percent of salaries and wages
Fringe benefit rate for academic year: .3623 x salary
Fringe benefit rate for summer salaries and/or stipends: .0765 x summer stipend/salary
Congressional District: 3rd
State Senatorial District: 50th
State Representative District: 6th
Authorized Institutional Representative:
James H. Mullen, Jr., President
520 North Main Street
Meadville, PA 16335
(814) 724-6032 (fax)
Suggested Summer Stipends
The following chart provides the guidelines for summer stipends for faculty. Please note additional guidelines below the chart.
|Summer Stipend||Summer Fringe Benefits|
|Salary||1/9 (1 mo.)||2/9 (2 mo.)||1/9 x .0765||2/9 x .0765|
Use these stipends if funder has no guidelines.
Overhead (or indirect cost) has been negotiated with the federal agencies at 50% of total salaries and wages. For example, if the total salaries (including summer stipends) and wages of project are $6,400, the overhead would be $6,400 x .50 or $3,200.