The University of Wisconsin-Madison
Research and Sponsored Programs
Budget Model Under Alternative Scenarios
October 30, 1996

Base Scenario Assumes:

Faculty Salaries: Two months summer salary support at an academic year base of $60,000.
Research Assistant Stipends: Two RAs at one-half FTE each at an annual base of $33,264.
Supplies and Expense: $10,000
Capital Equipment: $6,000
Fringe Benefit Rates: Faculty at 31.4% and Research Assistants at 7.0%
Federal Indirect Cost Rate: 44%
Tuition Remission Surcharge: 25%
Scenario I Assumes:
Same as Base Scenario, but Research Assistant Stipends raised by 6% and Tuition Remission Surcharge eliminated.
Scenario II Assumes:
Same as Scenario I, but adjusts for change in capitalization level by moving the Capital budget to the Supplies and Expense line (assumes all capital items in original project budget were below $5,000).
Base Scenario
Project Budget		 Scenario I
Project Budget		 Scenario II
Project Budget
Faculty Salaries $13,333 $13,333 $13,333
Research Assistant Stipends $33,264 $35,260 $35,260
Supplies and Expense $10,000 $10,000 $10,000
Fringe Benefits $6,515 $6,655 $6,655
Subtotal Subject to Federal Overhead $63,112 $65,248 $71,248
Capital Equipment $6,000 $6,000 -----------
Federal Overhead $27,769 $28,709 $31,349
Tuition Remission Surcharge $8,316 ----------- -----------
TOTAL $105,197 $99,957 $102,597
Alternative Recap
Direct Costs $69,112 $71,248 $71,248
Indirect Cost and Remission Surcharge $36,085 $28,709 $31,349

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