Federal Research Updates: Please see Federal Research Updates 2025 for the latest updates on executive orders and policies impacting federally funded research.

Budget Preparation

The budget describes the costs to be incurred by the program and includes an explanation of why each is needed. Reviewers use the budget as a mutually reinforcing summary of the entire proposal, so considerable thought should go into its preparation.

  • Budget requirements may vary widely by type of award (cost reimbursement or fixed price) or by sponsor, federal or private.
  • Most sponsors provide detailed instructions and printed forms for budget preparation.
  • SPAs have expertise in the development of budgets and stand ready to assist in their preparation or provide budget templates.

 

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