Budget For A Research Proposal

Provide the name, title, amount of time on the project, institutional base salary (not necessarily full-time rate) and the amount of support requested.

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Travel: Detail on each trip, the destination, purpose, and expense, should be incorporated, including transportation, lodging, and per diem.

Some sponsors request explicit explanation if there is foreign travel.

Equipment Equipment is defined by the federal government as an item of property that has an acquisition cost of $5,000 or more and an expected service life of two or more years.

Proposed equipment should be itemized by descriptive name and estimated cost.

Shipping and/or installation charges associated with equipment acquisitions should be included in the cost estimates but generally are not itemized.

Items costing less than ,000 or with a life expectancy of less than two years normally should be included under "Materials and Supplies." Also, non-federal sponsors have a different threshold and individual instructions from the sponsor need to be consulted.

Most often a proposal involves a request for financial support to cover the cost of the project, the purchase of equipment or the payment for services rendered to an outside agency.

For the definition of sponsored activities, see Chapter 1, Section 1 or visit the Definition of Sponsored Activities website.

Full Cost Budgeting Project Teams assembling budgets are encouraged to think about the full cost of the project.

Any work proposed under the aims that does not request funds from the sponsor is a form of institutional “investment” in the project.