![]() Reviewers look for reasonable costs and will judge whether your request is justified by your aims and methods.The best strategy is to request a reasonable of amount money to do the work, not more and not less because:. ![]() Throughout the budgeting process, round to whole dollars and use only U.S.Identify all the costs that are necessary and reasonable to complete the work described in your proposal.Relevant funding opportunity sections include: total costs cannot exceed $300,000 per year). travel limited to $10,000), and overall funding limits (e.g. no construction allowed), spending caps on certain expenses (e.g. You should look for limits on the types of expenses (e.g. Know your limits! Carefully read the funding opportunity for budget criteria.NIH may disallow the costs if it determines, through audit or otherwise, that the costs do not meet the tests of allowability, allocability, reasonableness, necessity, and consistency. Costs charged to awards must be allowable, allocable, reasonable, necessary, and consistently applied regardless of the source of funds. The cost principles address four tests that NIH follows in determining the allowability of costs. In general, NIH grant awards provide for reimbursement of actual, allowable costs incurred and are subject to Federal cost principles. Information on the applicable cost principles and on allowable and unallowable costs under NIH grants is provided in the NIH Grants Policy Statement, Section 7.2 The Cost Principles Statement under Cost Considerations. Any resulting award will include a budget that is consistent with these requirements. (Note: these tips do not supersede the budget instructions found in the relevant application instruction guide found on the How to Apply - Application Guide page.Īn applicant's budget request is reviewed for compliance with the governing cost principles and other requirements and policies applicable to the type of recipient and the type of award. ![]()
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