How do I prepare a budget?

To develop your own budget, you should consider including the following line items which are included in most budgets:

  • Salaries and Wages
  • Fringe Benefits
  • Materials and Supplies
  • Equipment
  • Travel
  • Other Direct Costs (includes subrecipient and services agreements)
  • Facilities and Administrative Costs

For the development of most sponsor budgets, you can use one of the templates on OSP's website to assist in developing the budget. See this link for budget forms. OSP will review your budget prior to submission to the sponsor to ensure compliance with sponsor, university, and RFSUNY’s requirements. Some departments are staffed with a research coordinator or Departmental Administrator who can provide support in proposal preparation.

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