The budget is the translation of the work plan into dollars and cents. Preparing a budget can be very complex and should be started early in the grant process to avoid problems. Consult a research program officer for assistance.
Video of F&A Funding: The Bedrock of Biomedical Research
Budget templates
The following spreadsheets will be a great help in creating a budget. Be sure to:
- Work with the current academic year template so data is correct.
- View the tabs along the bottom on the worksheet for pertinent information and rates.
- If the existing budget was prepared in an old template, contact a research program officer to convert to the current rates or adjust the formulas.
Template with Basic Budget 2023-24
Template with Cost Share 2023-24
Note: Cost share is only considered when required by the sponsor.
Administrator Incentive Plan for Extramural Research
New January 1, 2020: plan to incentivize extramural funded research by non-collective bargaining unit administrators that may include grad or undergrad students.
Important links for budget information
- How Facilities & Administrative Costs affects science and research
- Fringe rate letter current copy at Accounting Services Forms, Fringe Rate Letter (July 2021)
- What are facilities and administrative costs?
- Facilities and administrative cost recoveries—approved by the SRM Revenue Allocation Work Group
College 70%, Department 10%, Principal Investigator 10%, ORI 10% - Requesting a Facilities and Administrative Rate Waiver Procedure
- Request a Facilities and Administrative Rate Waiver Form
- Propose and Request Cost Share for Externally Funded Proposals Procedure
- Propose and Request Cost Share Form
- Guidance Regarding On and Off Campus Facilities and Administrative Rates Procedure
- Understanding the Costs of Federally Sponsored Research at Universities
- Graduate student appointment rates—Some detailed appointment information requires sign-in to the WMU grad share.
- Hiring on Sponsored Projects or Contracts
- Hiring students
- Research staff policy and pay rates
- Travel GSA per diem rates—These are needed to comply with WMU travel policy.