Budget Office
News from Budget

Banner Finance

On July 1, 2008 the University migrated from FRS to Banner Finance. For more details regarding the Banner Finance system, please refer to the Banner Finance Help Web Page (see link below).

Banner Finance Help Web Page

Fringe Benefit Rate

The fringe benefit rate for all full-time, benefits eligible employees for Fiscal Year 2009 is 29.3%.

Copy of the Memo (PDF)

Be sure to use the new rate when submitting budget transfers involving full-time salary dollars.

Instructions for calculating fringe benefit (PDF)