What are Fringe Rates?
All employees paid by UT-Austin have a fringe rate associated with their salary. The fringe rate is, in effect, the additional costs that the university pays for employee benefits, such as life and health insurance and retirement benefits. Although fringe rates may vary slightly according to department or college, a general guideline is as follows: 31% for faculty; 26% for post-doctoral fellows, staff, and graduate students; and 8.51% for part-time workers and undergraduates.