Can someone in #HigherEd explain fringe rates to me? State of CT makes @scsu set my fringe rate up to 93%. Makes grants less competitive. Yet without

Can someone in #HigherEd explain fringe rates to me? State of CT makes @scsu set my fringe rate up to 93%. Makes grants less competitive.
Yet without grant state pays 100% of all my fringe...
.... Sooo wouldn't a grant that charges 33% still save CT money?