This guide provides direction for postdocs applying to individual fellowships who need to provide a budget. This information is intended for informational purposes only and defines only the required compensation and benefits.
Compensation
Increases to the postdoc minimum funding level, when applicable, are implemented each year on October 1. Note that the funding level depends on the length of postdoctoral training. For multi-year budgets, the CPI-U may serve as a proxy for future increases.
Current minimum funding levels for all levels of research experience can be found here.
Benefits
All postdocs at Stanford are required to carry insurance that meets ACA and Stanford standards. Stanford subsidizes the cost of insurance coverage for all postdocs, unless the funding source specifically designates funds for this purpose. Typically, the faculty sponsor provides funds for the institutional commitment, which includes the entire cost for an individual postdoc, and shares the cost of dependent care, if elected, with the postdoc. Review the Current Postdoc Benefits Rate Sheet. A budget for benefits should include Medical, Dental, Vision, and all Disability coverage. At a minimum, the Institutional Cost (middle column on the rate sheet) should be provided; the Total Cost (third column on the rate sheet) reflects additional dependent expenses for which the postdoc is responsible. These costs may also be requested in the budget. The cost of benefits is adjusted on January 1; a 5% annual increase is a reasonable estimate.
Other Considerations
Fringe Rates and/or Indirect Costs: Please work with your department’s Grants Manager to determine whether the fellowship will be administered through Stanford and incur these costs.
Research & Lab Expenses: As needed or anticipated.
Conference & Presentation Expenses: As needed or anticipated.
