University Replacement Rate
University Replacement Rate (formerly known as Vacant Rate) is a budgeted salary range for the cost of hiring temporary faculty to cover instruction normally assigned to a tenure track faculty who have been released from instructional assignments.
The rate is calculated by pricing the weighted average lecturer salary from fall payroll data across all of our instructional programs, and is published by Academic Business & Strategic Operations on an annual basis or when adjustment is deemed necessary.
The University Replacement Rate for 2021-22 is $65,780.
Historical Rates
Fiscal Year | Rate |
---|---|
2020-21 |
$ 65,780 |
2019-20 |
$ 63,250 |
2018-19 |
$ 62,007 |
2017-18 |
$ 57,168 |
2016-17 |
$ 57,168 |
2015-16 |
$ 57,168 |
2014-15 |
$ 57,168 |
2013-14 |
$ 57,168 |
2012-13 |
$ 45,780 |