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Budget Development

Budget Development. Presented by the Office of Research Development & Services and Sponsored Programs Administration. Budget Template. The budget template is available at http://www.slu.edu/x38801.xml. Salary & Wages Fringe Benefits Equipment Travel Participant Costs

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Budget Development

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  1. Budget Development Presented by the Office of Research Development & Services and Sponsored Programs Administration

  2. Budget Template The budget template is available at http://www.slu.edu/x38801.xml • Salary & Wages • Fringe Benefits • Equipment • Travel • Participant Costs • Other Direct Costs • Indirect Costs

  3. Salary and Wages • PI: based on contracted salary (9 or 12 month) • Post-Docs: 12-month contract, rate set by department • Staff: based on salary/wage (technicians, etc.) • Graduate Students: $22,000 stipend for 11-month contract (amount may vary by college/department, 12th month allowed only if paid by sponsor) • Undergraduates: hourly wage (approx. $8-12) for a set number of hours per week per project

  4. Salary and Wages:Total Professional Effort • Salary Replacement; No salary may be paid above contracted amount • Admin covered by indirect costs

  5. Fringe Benefits FY 2013 Fringe Benefit Rates • Based on SLU fiscal year (beginning 7/1 each year) • Full-time Faculty, Post-Docs and Staff: 31.1% • Summer Rate: 15.2% • Graduate Student Health Insurance: $190 per month(based on 11-month contracts) • 1% incremental increases annually

  6. Capital Equipment • All equipment over $5,000 • If components go together to form a single piece of equipment and total over $5,000, then this is capital equipment • Capital equipment is not included in indirect cost base

  7. Travel • Conferences, Presentations, Meetings with Group Members • Include Transportation, Lodging, and Per Diem estimates • Details for separate trips in Budget Justification • If there is potential for international travel, it should be mentioned in the proposal • International travel requires special permissions/approvals • Check with your school/college for rules • Travel account codes

  8. Participant Support Costs • Direct Costs for items such as: • Stipends • Subsistence allowances • Travel allowances • Registration fees • Incentive payments …paid to or on behalf of participants or trainees (NOT employees) in connection with meetings, conferences, symposia, and training projects • Allowable with prior approval from sponsor

  9. Other Direct Costs • Materials and supplies (no individual item over $5,000) • Publication Costs • Consultant Services (verify consultant vs. subaward) • Computer Services • Subawards • Tuition • Patient Care Costs

  10. Indirect Costs • SLU has a federally negotiated rate of 50% for “Facilities & Administrative” (F&A) Costs • Modified Total Direct Costs (MTDC) or Indirect Cost Base • Excludes tuition • Excludes capital equipment • Excludes patient care costs • Excludes participant support costs • Indirect Cost Base = Total Direct Costs – Exclusions

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