Course Buyout

This page gives an example to calculate the cost to an individual faculty member to buy out a course. This document contains information about how to calculate the cost to buy out a course and a link for more information on fringe rates.

The required faculty teaching load is 2 courses a semester or 4 courses in an academic year. A course is equal to 20% of total faculty salary plus the applicable fringe benefit rate. For academic year 2015-16 the fringe benefit rate is 37.0%. The fringe benefit rate changes every year, check the UW Research and Sponsored Programs fringe rate page.

Example: A 9-month salary is $80,000. Calculation to figure what the cost of buying out a course at this salary level in AY2016: $80,000 x 20% = $16,000 x 1.37% = $21,920.

Keywords:buyout course 20%   Doc ID:61949
Owner:Nick E.Group:Department of Geography
Created:2016-03-16 09:39 CSTUpdated:2016-05-01 10:00 CST
Sites:Department of Geography
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