grant

Budgets

General Guidelines

1.

feasible (can this be done?) detailed (how do I explain this?) reasonable (does this make

sense?)

2.

Formatting is crucial (table or chart, clear, descriptive headings)

3.

Some grants require justification. After your chart or table, provide s

hort paragraphs for

each main category of expense explaining how you came to these figures.

4.

Round up to whole numbers and always use US dollars

5.

Some under/over is expected, but too much on either side says you don’t know what

you’re talking about.

Major

Areas of Expensive:

1.

Personnel (generally 80% of your budget)

First, check what others have done. Google is your friend.

Example: average lab assistant hourly pay is between $16 and $21

Average psychologist hourly pay is between $36

-

$46

Average academic researcher hourly pay is between $23 and

$31, depending on experience and level of education.

Fringe benefits (social security, medicare, etc.) should be between 25% and 33%

of

their total wa

ges.

2. Travel (a heavily scrutinized item)

Plane ticket costs

H

otels/camping

Food allowance

M

oney/per driving

They may ask you to show calculation for all of this.

Some will even pay for visas if you are going for international travel

3.

E

quipment and Supplies

NSF will not fund office equipment

Include specifications (make and model numbers)

This can be broken into subcategories (office, educational, training, computer)

*In

-

kind contributions (donations) can be used as matching funds

Volunteers

Use of buildings or utilities

Advertising

Transportation

Computers

Lab use

Budgets

General Guidelines

1. feasible (can this be done?) detailed (how do I explain this?) reasonable (does this make

sense?)

2. Formatting is crucial (table or chart, clear, descriptive headings)

3. Some grants require justification. After your chart or table, provide short paragraphs for

each main category of expense explaining how you came to these figures.

4. Round up to whole numbers and always use US dollars

5. Some under/over is expected, but too much on either side says you don’t know what

you’re talking about.

Major Areas of Expensive:

1. Personnel (generally 80% of your budget)

First, check what others have done. Google is your friend.

Example: average lab assistant hourly pay is between $16 and $21

Average psychologist hourly pay is between $36-$46

Average academic researcher hourly pay is between $23 and

$31, depending on experience and level of education.

Fringe benefits (social security, medicare, etc.) should be between 25% and 33% of

their total wages.

2. Travel (a heavily scrutinized item)

Plane ticket costs

Hotels/camping

Food allowance

Money/per driving

They may ask you to show calculation for all of this.

Some will even pay for visas if you are going for international travel

3. Equipment and Supplies

NSF will not fund office equipment

Include specifications (make and model numbers)

This can be broken into subcategories (office, educational, training, computer)

*In-kind contributions (donations) can be used as matching funds

Volunteers

Use of buildings or utilities

Advertising

Transportation

Computers

Lab use