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An updated F&A Rate Agreement (dated April 22, 2024) reflecting recently approved FY24/25 Composite Benefit Rates (CBRs) has been posted to OCGA’s website.  Effective immediately these rates should be included in proposal budgets. A comparison of the FY24-25 rates compared to FY23-24 is available on the Business & Finance Solutions webpage

In addition, The National Institutes of Health (NIH) has announced an increase in annual pay levels for predoctoral and postdoctoral scholars at NIH-funded external institutions who are recipients of the Ruth L. Kirschstein National Research Service Awards (NRSA).

Here are the key details:

  • Predoctoral scholars will receive an approximate 4% increase in their pay level, bringing it to $28,224.
  • Postdoctoral scholars will receive an approximate 8% increase, with pay levels beginning at $61,008 and upwardly adjusted based on years of experience.
  • NIH intends to further raise these pay levels over the next five years.
  • Eligible recipients will also receive a $500 increase in childcare subsidies and an additional $200 for training-related expenses.

For more information on this announcement, visit NIH’s press release, Guide Notice, and Open Mike blog.