Rackham Cost Share Levels
Rackham has three tiers of Cost Sharing-Group 1, Group 2, and Group 3
- Group 1-nationally competitive, prestigious, and open to students in multiple fields of study. They provide significant funding, often multi-year funding, for students. For students who receive these awards, Rackham will reimburse 100% of the shortfall between the award amount and a Rackham full funding package during award tenure. In addition, Rackham will ensure that the student receives a stipend of at least $12,629 per term from all funding sources during the award period.
- Group 2-competitive and prestigious. Some are limited to single fields of study. These awards provide the student with at least 50% of the total cost of the full funding package as described above. For students who receive these awards, Rackham will reimburse 50% of the shortfall for tuition, Gradcare, and dental costs.
- Group 3-nationally competitive and prestigious. They provide a stipend only, and are intended to support students who will spend the entire award period conducting research outside the United States. For students who receive these awards, Rackham will provide up to two semesters of tuition.
For more information and to see a list of approved Fellowships, please refer to our Rackham cost sharing website.
Cost Sharing Approval Process
Training Grants
- Training grant cost share inquiries are handled differently from all other cost share asks. Training grant cost share requests need to be approved by the Rackham Dean. Please submit the following information to Assistant Dean Emily Swafford:
- If approved, Dean Swafford will finalize a Letter of Support (LOS) as well as a budget showing the estimated shortfall, which will need to be attached to the Proposal Approval Form (PAF).
- When routing a training grant PAF to Rackham for approval, please ensure that a budget provided by Dean Swafford (in Excel format) and the LOS are attached to the PAF. The Rackham Finance and Fellowships team will be unable to approve any PAF for a training grant that does not include those two attachments.
Sponsored Fellowships PAF Approvals
- Rackham cost share language should be entered in section 3.7 – Internal U-M Agreements. The department ID to use is 493000. Referencing this department ID will automatically route the PAF to Rackham for approval.
- Our standard processing time for approving PAFs is three business days. However, if you have a PAF that urgently needs approval, please reach out to RackhamFF@umich.edu and we will do our best to accommodate your request.
- Please also ensure that there is a budget (in Excel format) attached to the PAF. We just need something simple that shows estimated award, estimated expenses, and estimated shortfall. Below is a sample shortfall budget. You can also utilize the Estimated Shortfall Budget Tool.
- Additional information along with PAF language is available on our Cost Sharing website