PI Portfolio Only- FY22 GAEL Rate Updated for Projections

September 10, 2021

The GAEL rate for PI Portfolio projections has been updated from FY21 1.55% to FY22 1.75%. This went live on 9/10 after 5 pm. Projections created before this went live still show the FY21 1.55% rate. They need to be updated in order to trigger the FY22 rate to show. The update can be minor, like adding a period in the comment. Projections created after this update went live show the FY22 1.75% rate automatically.

These are projections entered into PI Portfolio to manage PI/faculty research funds. These are not budget projections for managing org level finances. If you don't use PI Portfolio, you can ignore this message.