Because budgets estimate costs associated with performing a particular program of research, salary increases for PIs and other staff that may occur during the budgetary timeframe must be factored into total costs, as well as the cost of any tuition rate increases. These escalation rates are established by the Controller’s Office and are applied to base salaries and tuition rates on specific dates during the year.
|For||By a factor of||When|
|Faculty (AY & CY)||4%||On 12/1 annually|
|Staff||4%||On 12/1 annually|
|Wage||3%||On 12/1 annually|
|GRA||4%||On 08/16 annually|
|Tuition||4%||On 08/16 annually|