The Office of Naval Research has issued WPI a new fringe benefit rate for FY18 (07/01/2017 – 06/30/2018), effective immediately. The rate has been increased to 27.2%. A copy of the rate is available on our Institutional Rate page and is also attached to this post. In addition, the blank budget template and justification posted on the OSP Proposal Development webpage have been updated to reflect this increase. Please contact your OSP department representative with any questions.