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The Office of Sponsored Projects (OSP) serves as the coordinating office for externally funded research and sponsored projects at The University of Texas at Austin. The goal of the OSP is to assist faculty and professional research staff in their efforts to secure and ensure proper stewardship of external funding. We do that by assisting research faculty and staff with the following: proposal review, authorization, and submission; award negotiations and acceptance; account management; close-out, reports, audits, collection; professional development and education; export control, and research compliance.

New Fringe Rate Policy

As of September 1, 2018, the University moved to a negotiated fringe rate, which was effective for all proposals due after August 10. The fringe rates for fiscal year 2019 (FY19) (i.e. 9/1/2018-8/31/2019) and projections for use in budgeting future years are as follows:

	Approved	Projections for Budgeting Purposes
Benefits Eligibility	FY19	FY20	FY21	Subsequent years
Full-time (including GRAs)	29.00%	31%	31.5%	+ 0.5%
Part-time	39.60%	31%	31.5%	+ 0.5%
Ineligible	5.80%	5.80%	5.80%	5.80%

This change may impact existing sponsored projects or previously submitted proposals. A mitigation solution is available for awards that were submitted prior to August 10, 2018 with fringe budgeted at less than the new rates. Details to the mitigation solution, how fringe benefits will be applied to sponsored accounts (26-accounts), and processes for budget revision requests are all available on the OSP website.

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