A faculty member here has raised some questions about stipends and benefits
when they are part of an external grant. We use our part-time benefit rate
(currently 17%) and treat benefits as direct costs. The college takes the 17%
for its share of providing benefits. The faculty member only pays taxes and
the 7.65% FICA out of the stipend he receives. How does your institution
handle these situations? I would appreciate some comparisons.
Thanks! This network is great!
Jenny Bradley
Director of Academic Grants
Roanoke College
Salem, VA