Federal F&A Rates Composite Calculator (for a 1 year budget beginning in the month indicated)*
For calculation purposes only. Do not list these rates on budget pages.

Begin date

2005

2006

2007

January

 

50.00%

51.00%

February

 

50.13%

51.00%

March

50.25%

51.00%

April

 

50.38%

51.00%

May

 

50.50%

51.00%

June

 

50.63%

51.00%

July

 

50.75%

51.00%

August

 

50.88%

51.00%

September

49.50%

51.00%

51.00%

October

49.63%

51.00%

51.00%

November

49.75%

51.00%

51.00%

December

49.88%

51.00%

51.00%

*Do not list the composite rate as though it were Northwestern's actual rate. Instead use the budget justification statement:
F&A has been calculated based on the following DHHS approved rates:

49.5% MTDC 9/1/04 - 8/31/05
49.5% MTDC 9/1/05 - 8/31/06
51% MTDC 9/1/06 - 8/31/07
51% MTDC 9/1/07 - 8/31/08 and thereafter (provisional)