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Budget justification A point by point narrative (in addition to forms) of why you need each dollar. Things to remember: Know what the funding parameter space is for your specific agency/grant mechanism! Will they cover: University indirects (WVU’s is currently 46.5%)
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Budget justification • A point by point narrative (in addition to forms) of why you need each dollar. • Things to remember: • Know what the funding parameter space is for your specific agency/grant mechanism! • Will they cover: • University indirects (WVU’s is currently 46.5%) • Cost sharing (do they expect it/letters of support) • Equipment (indirects on equipment) • Travel (conferences vs research site) • Salaries: • Graduate Undergraduate and Faculty salary • Cost of living increases: this is defined annually by the university and WV state • Publication costs • Office supplies • Expendable lab supplies • Know what you need to buy to get the job done • Know how much your equipment purchase will be • get quotes and make sure the vender recognizes in writing that this is a budgeted item wont be purchased until the grant is funded. • Contact OSP once you have a draft budget have them count your beans • OSP does not think like you! BE PREPARED TO DEAL WITH OSP!!
Budget justification • Things to remember: • Preparing the numbers: • A good site to bookmark is http://www.wvu.edu/~osp/index.htm • Provides current F&A and Fringe rates
Budget justification • What do you say to justify • Know what the funding parameter space is for your specific agency/grant mechanism! • Will they cover: • University indirects (WVU’s is currently 46.5%) • Cost sharing (do they expect it/letters of support) • Equipment (indirects on equipment) • Travel (conferences vs research site) • Graduate Undergraduate salaries • Faculty salary • Publication costs • Office supplies • Expendable lab supplies • Know what you need to buy to get the job done • Know how much your equipment purchase will be • get quotes and make sure the vender recognizes in writing that this is a budgeted item wont be purchased until the grant is funded. • Contact OSP once you have a draft budget have them count your beans • OSP does not think like you! BE PREPARED TO DEAL WITH OSP!!
Excerpts from Belanger’s proposal Personnel
Excerpts from Belanger’s proposal Equipment
Excerpts from Belanger’s proposal Materials and supplies: