Budgeting

Grant budgets can be complex. Sponsored Research and Programs (SRP) staff members will help you construct your budget. Beginning your budget early in your proposal writing is important.  It is very helpful if you think about what to include in your budget before you meet with us. To help you think about your budget, we have posted the following information for you.

  • A sample budget from 2008 (current rates below)
  • A budget template for a 1-year project requiring matching.  Other templates (for 1-year without matching and 2-, 3-, 4-, and 5-year budgets with or without matching) are available from SRP.  These templates are used internally for proposals to and contracts with both public and private funders; the finalized budget is converted/uploaded into the funder's format. 
  • A sample budget justification from 2008 (current rates below)
  • Information on allowable costs
  • A list of unallowable costs
  • Ideas for drafting a budget
  • Definitions for budgeting terms (Note: This document is being updated.)
  • Information on cost sharing and matching

Budget percentages change from time to time.  For example, the indirect costs rate (see Definitions link above), which is negotiated with the federal government, changed in June of 2014.  As a result of this change, G.U.'s SRP office now calculates indirect costs using 29% of modified total direct costs (MTDC).   

SRP currently uses the following fringe benefits rates to figure budgets:

Faculty Fringe Benefits Academic Year

26%

Faculty Fringe Benefits Summer

18%

Adjunct Faculty Fringe Benefits

12%

Administrative Fringe Benefits

26%

Staff Fringe Benefits

26%

Fellowship & Graduate Assistant Fringe Benefits

8.0%

Student Fringe Benefits Academic Year

1.0%

Student Fringe Benefits Summer

8.0%

Last update 20 August 2015