Institutional Information and Rates

Institutional Profile, DUNS, & UEI Numbers

  • DHHS Agreement Date:  May 23, 2023
    Ryan McCarthy (212) 264-2069
  • Annual Financial Statements
  • Most recent single audit:  FY2023 (no findings)
  • RIT Facts
  • TIN/EIN:  16-0743140
  • DUNS:  00 222 3642
  • Unique Entity ID (UEI): J6TWTRKC1X14
  • CAGE:  0SWS3
  • NAICS:  611310
  • SIC:  8221
  • FICE:    002806
  • SAM Expiration:  1/1/25
  • Congressional District:  25th
  • State Senate:  59th
  • Assembly:  138th
  • FW Assurance #:  FWA00000731
  • NYS Vendor ID#:  1000014829
  • NYSED Charities Registration#:  Exemption #2
  • VPR Contact Info:
    Dr. Ryne P. Raffaelle (ryne.raffaelle@rit.edu)
    Phone:  (585) 475-2055
  • SRS Interim Executive Director Contact Info:
    Denis Charlesworth (djcsrs@rit.edu)
    Phone:  (585) 475-6484 

SRS FY24 and Forward Standard Information
Last Updated:  2/27/24

F&A Rates

Equipment Threshold - All equipment with a unit cost of >=$5,000 and a useful life of > 1 year will be exempt from F&A.
  FY21
On-Campus
FY22
On-Campus
FY23-24
On-Campus
All Years
Off-Campus
Organized Research 46.50% 47.50% 48.00% 26.00%
Instruction 48.10% 48.10% 48.10% 26.00%
Other Sponsored Activity 38.60% 38.60% 38.60% 26.00%

 

Which F&A Rate do I use?

Instruction:

The dissemination of knowledge through teaching and non-research training activities of RIT such as curriculum development. Instruction includes all teaching and training activities for RIT students, faculty or staff, whether they are offered for credits toward a degree or certificate, and whether they are offered through regular academic departments or separate divisions, such as a summer school division or an extension division.

Organized Research:

All research and development activities of RIT including sponsored research. Sponsored research includes all research and development activities that are externally sponsored by Federal and non-Federal agencies and organizations. This term includes activities involving the training of individuals in research techniques (commonly called research training) where such activities utilize the same facilities as other research and development activities and where such activities are not included in the instruction function.

Other Sponsored Activity:

Knowledge, services, or processes performed for the benefit of the public. A program that geographically extends the resources of RIT to entities or persons otherwise unable to take advantage of such resources. Examples might be summer youth camps, K-12 activities, or workshops for the public or industry.

Exception: All NSF-funded projects are budgeted at the organized research rate unless further limited by solicitation or sponsor requirements.

On or Off-Campus Rate:

Use on-campus rate unless a preponderance (more than 50%) of RIT personnel costs cover work performed at an off-campus location.

Benefit Rates

  FY24* FY25 and Forward**
Federal Government Projects RIT Full 28.8% 28.3%
Federal Government RIT Partial (Adjunct Faculty only) 20.8% 20.1%
Federal Government RIT Statutory 8.6% 8.3%
Students 0% 0%
(effective July 1 of each fiscal year). *Approved. **Provisional.
Benefit Rates
  FY24* FY25 and Forward**
Non Federal Government RIT Full 35.0% 35.0%
Non Federal Government RIT Partial (Adjunct Faculty only) 24.2% 24.2%
Non Federal Government RIT Statutory 8.6% 8.6%
Students 0% 0%

The following position descriptions qualify for Statutory rates:

  • Faculty Summer
  • Visiting Faculty P/T
  • Temp Professional
  • Staff Special Assignment (Overload)
  • Faculty Special Assignment (Overload)
  • Temporary Hourly 

Tuition/Stipend Rates

Estimate a 5% increase in the tuition rates for future years unless specific information is available
  (2023-2024) (2024-2025)
Graduate – F/T $28,442/sem or $56,884 $29,551/sem or $59,102
Graduate – P/T (< 12 cr. hr)  $2,370/ cr hr $2,463/ cr hr

 

ITS Rates

Do not apply to faculty summer salary and students (ITS Rate Details)
  FY24
Federal Government Projects $206.80/FTE/month
Non-Federal Government Projects $215.70/FTE/month

 

Salary Increase Projections

Estimate an annual 3% increase in the salary rates for future years unless more detailed information is available for a specific employee or year 

Summer Salary calculations

Summer salary calculations covers 3 months. Faculty are typically on 9 month contracts and allow for a maximum of 33% (for 100% effort) unless sponsor limited. Be aware of sponsor limitations on summer salary and budget accordingly 

Lab Rates

NYS Minimum Wage

$15.00

As of 1/1/24

(future years will be announced each Oct)
We recommend budgeting more than $15/hr to recruit the best candidates