Announcement: F&A Rate Base Year Changed to FY22
July 1, 2020
Due to the unprecedented circumstances surrounding COVID-19 and the reality that research activities are just beginning to resume on campus, Yale applied for and was granted an extension in its timeline to renegotiate its federal facilities and administrative (F&A) rates.
As such, the current F&A rates originally negotiated in FY13 (available in the Controller’s Office Factsheet) will continue to apply through FY23. In addition, the base year for the new F&A rates that will begin in FY24 is changed from FY21 to FY22.