Proposal Budget Development | University Research Administration (2023)

Proposals (applications) normally include a detailed breakdown of the financial support being requested from a sponsor. A proposal budget is a best estimate of the costs requested to complete a project. Budgets should be prepared with as much detail as possible.

(Video) Grant Writing - Budget

Projects costs are usually broken down intodirect and indirect costcategories. Direct costs are those that can be directly attributable to a specific project. Indirect costs are those costs incurred by an institution for facilities and administration of sponsored projects that can not be directly attributable to a specific project. Both are real costs that must be included in a budget.

(Video) Tips for Creating a Strong Proposal Budget

F & A Rates

Budgets for applications to federal agencies must reflect the appropriate rates as established in the negotiatedF & A Rate Agreement. Applications to non-federal entities should reflect appropriate rate.

(Video) How to present a budget for a research proposal in Microsoft Word

Budget justification

Written explanations for the inclusion of items such as equipment purchases, travel, and subawards are normally required along with a formatted budget.Budget Justificationpages should be as specific as possible. Specific products and potential vendors should be identified whenever possible.

(Video) Building a Budget – Financial Basics for Research Proposals

Multi-year projects

Unless otherwise indicated in an agency’s guidelines, a proposal for a project that is expected to be funded for more than one year should include an itemized budget for each year. One should employ the same format for each year and prepare a cumulative summary budget for the entire proposed project period. The summary page should be in the same format as the annual budget, with all the costs combined. Note that PHS does not require an itemized budget for each year.

(Video) Budget Preparation


Make sure to indicate the dates covered by each budget year at the top of each budget page.

(Video) Building A Grant Proposal Budget


1. Building A Grant Proposal Budget
(MSU Research)
2. Figuring Out Funding: How to Create a Budget for a Research Grant Proposal
(FSU Office of Research Development)
3. Budget Proposal format
4. Writing a Budget for a Grant Proposal
(Network of the National Library of Medicine [NNLM])
5. Understanding the Role of the Research Administrator in Proposal Development
(Research Administration Tools)
6. Webinar: Budgeting Basics—Cost Proposal Development
Top Articles
Latest Posts
Article information

Author: Jamar Nader

Last Updated: 03/20/2023

Views: 5455

Rating: 4.4 / 5 (75 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Jamar Nader

Birthday: 1995-02-28

Address: Apt. 536 6162 Reichel Greens, Port Zackaryside, CT 22682-9804

Phone: +9958384818317

Job: IT Representative

Hobby: Scrapbooking, Hiking, Hunting, Kite flying, Blacksmithing, Video gaming, Foraging

Introduction: My name is Jamar Nader, I am a fine, shiny, colorful, bright, nice, perfect, curious person who loves writing and wants to share my knowledge and understanding with you.