Per Month Calculation:

Academic Year (AY): (Salary ÷ 9) × percentage of time required per AY

E.g.: 1 course assignment  = 20% time

Summer: [(Salary ÷ 9) × percent of time required per month] or [(Salary ÷ 9) x number of summer months]

Hourly Rate: Salary ÷ 1560 × hours needed for project

FRINGE Academic Year:  Use Fringe Benefit Calculator (Financial Services)

FRINGE Summer: 21%

Faculty Administrators

Hourly Rate: (Salary ÷ 2080) × hours needed for project

FRINGE for Part-Time: 7.65% (Social Security & Medicare)

FRINGE Full-Time:  Use Fringe Benefit Calculator (Financial Services)

Administrative Staff

Note:  Part-time staff are limited to 1,000 hours per year

FRINGE for Part-Time: 7.65% (Social Security & Medicare)

FRINGE Full-Time:  Use Fringe Benefit Calculator (Financial Services)

Summer:          $1,835 or $2,432.50 (2009 summer)

Total:              $9,175 or $12,162.50

GA's are limited to working 20 hours per week while classes are in session (Minimum 6 hours of graduate course work)

For those budgets that reqiure hourly rates the GA stipends are equivalent to either $10.49/hr or $13.93/hr.

See Graduate College Stipends page for detailed information.

Course and student fees can be requested in a budget.  Current fees are available at http://www.missouristate.edu/recreg/costs.htm

When matching funds are required for a grant, it may be possible to waive these fees.  Permission must be obtained from the Dean of the Graduate College

Fringe: None

Fee Waiver: Allotment of Fee Waiver Cost Scholarships started in Fall 2005

FRINGE:  7.65% (Social Security & Medicare)

Minimum Wage: As of January 1, 2008, the hourly rate for part-time employess will be $6.65 per hour, effective with the February 2008 payroll for hours worked in January. All hours worked by part-time employees in January 2008 must be reported on the new time cards with the new hourly rates.