Use the grant budget templates below to start building your grant budget. Please use these templates to submit with the Accelerated Routing Form.
Budget template with federally negotiated 51.5% indirect cost rate can be found here.
Budget template with 8% of modified total direct costs (MTDC) indirect cost rate can be found here.
A guide to creating a budget justification for your proposal can be found in the "Budget Justification Guide" link below.
Also, check out the helpful YouTube video from NCURA below on how to justify, rather than just explain, proposed expenses in your justification.
|
Fringe Calculation |
Rate (%) |
Components |
|---|---|---|
|
Staff and Faculty: Academic Yr. |
28.2 |
FICA, TIAA-CREF, and insurance |
|
Summer Students, Staff, and Faculty (and Sabbatical) |
7.65 |
FICA |
|
Student (Academic Year) |
0 |
N/A |
|
| Tab | FY 2023-24 | FY 2024-25 | FY 2025-26 | FY 2026-27 |
|---|---|---|---|---|
| Hourly Rate | $14.60 | $15.00 | $15.50 | $16.00 |
Direct Costs: Costs that are charged directly to sponsored projects and are clearly identified within that project's activity and objectives.
Indirect Costs or Facility and Administrative: Costs that are not directly related to a specific sponsored project and are incurred for common or join objectives, sometimes referred to as overhead.
Current rate: 51.5% of direct salaries and wages, excluding fringe benefits
Feel free to email or call for any budget assistance.