Budget Development

 

In order to develop a budget you have to know which costs are allowable and what are the special requirements of the sponsor. Read carefully through the sponsors guidelines and follow the instructions for budget development and justification. Even though the sponsor might ask you only for a modular budget, our office always requires a detailed budget. We can develop a budget together with you and ensure that all federal and sponsor requirements are met.

Please find below some budget templates and sample budgets from successfully submitted grant applications for your reference.

Budget Templates                                                    Sample Budgets 

NIH Budget template                                                  R21 sample budget NIH

General Budget template                                            STTI Budget sample

Information on the University of Alabama OSP Budget Guidelines, Indirect Cost Rates, Fringe Benefit rates, GRA costs (health insurance, minimum salary and tuition rates) and Institutional Base Salary can be found here.

New Federal Guidelines (Uniform Guidance) 

The Office of Management and Budget issued new guidelines  “Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards; Final Rule” on December 26, 2013 (2 CFR Chapter I, Chapter II, Part 200, et al.).  Per the OMB webpage this guidance “will supersede requirements from OMB Circulars A-21, A-87, A-110, and A-122 (which have been placed in 2 C.F.R. Parts 220, 225, 215, and 230); Circulars A-89, A-102, and A-133; and the guidance in Circular A-50 on Single Audit Act follow-up.”

You can read the full Uniform Guidance (effective date 26th December 2014): 2 CFR 200, Uniform Guidance (Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards)

NIH released a “Frequently Asked Questions” website which answers common questions researches have regarding the implementation of those new rules.