The Grants Accounting and Compliance team provides post-award related services for all sponsored grants and awards and ensures that the University maintains compliance with terms of the award including all federal regulations.  Our information page is intended to be a resource for faculty and staff on post-award areas of responsibility and the relevant guidance and tools required to properly manage grant and award accounting, financial reporting, and compliance.   We are passionate about providing superior customer service to the campus community. If you do not find what you’re looking for on our information page please email us at grants@wfu.edu.

Federal Regulations

Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards

OMB Circulars

Federal agency links

Rates and Facts

Federal ID#: 56-0532138

Fringe Rates

Fringe Rates: 7/1/2022 – 6/30/2025

  • Full-time with benefits: 26.1% (Federal); 28.4% (Non-Federal)
  • Part-time with benefits: 18.4%
  • Part-time without benefits: 10.0%

F&A Rates

  • 7/1/2022 – 6/30/2025: 45.5% MTDC (On-Campus); 20.0% MTDC (Off-Campus)
  • 7/1/2017 – 6/30/2022: 45.5% MTDC (On-Campus); 20.0% MTDC (Off-Campus)
  • 7/1/2017 – 6/30/2021: 45.5% MTDC (On-Campus); 20.0% MTDC (Off-Campus)
  • 7/1/2013 – 6/30/2017: 44.0% MTDC (On-Campus); 23.0% MTDC (Off-Campus)
  • 7/1/2010 – 6/30/2013: 41.0% MTDC (On-Campus); 21.0% MTDC (Off-Campus)


Annual Audit Requirement
Wake Forest University is subject to an annual Single Audit (formerly known as the OMB Circular A-133 Audit) as a non-federal or state entity that expends greater than $750,000 a year in federal and state awards. The annual audit is performed by an independent external accounting firm. The audit is intended to ascertain that the University has maintained effective internal control over the management of its federal and state awards in compliance with laws, regulations, and the provisions of contracts or grant agreements. The audit also tests the integrity of financial transactions and reporting associated with federal and state awards.

Single Audits (formerly A-133 Audits)

Audit & Compliance Office
The University’s Audit & Compliance Office periodically performs audits over the University’s grants in order to ensure proper internal controls and compliance with award documents.

Anonymous Reporting Hotline

Subrecipient Monitoring

Documents to assist with subrecipient monitoring




Policies and procedures related to grant/ sponsored program management can be found here:

Please direct any questions to grants@wfu.edu.