FY24 (Provisional) Fringe Benefit Rate

The provisional FY24 Fringe Benefit Rates were announced on July 31, 2023. The updated Rate Schedule, which includes the final FY21-24 F&A Rates, Tuition Remission, and the aforementioned provisional FY24 Fringe Benefit Rates, is available on OBFS Government Costing’s Rate Schedule page. These rates are immediately effective in Banner. However, if you previously submitted or are within two days of submitting a proposal to SPA, then you may choose to proceed with the FY23 Fringe Benefit Rates in your proposal budget. 

The SPA Budget Template has been updated to reflect the FY24 Fringe Benefit Rates and is available on the Documents and Resources section of the website here.