Budgets


Budgets

Suggestions for Building a Strategic Budget

  • Format the budget in a logical and detailed manner by year and line item.
  • Be realistic! You don't want to run out of money before the project is completed.
  • Comply with the sponsor's guidelines and follow the instructions carefully.
  • Use current fringe and facilities & administration (F&A) / indirect cost recovery (ICR) rates.
  • Confirm the price. Research each item to assure that your estimates are accurate.
  • Make the budget justification clear, consistent, and easy to read.
  • Ask for help from the grants team if you need it!

Links to Useful Information

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