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	<title>Grant Training Center Blog &#187; budget</title>
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	<link>https://granttrainingcenter.com/blog</link>
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		<title>How Does Grant Writing Experience Help Me Get a Job?</title>
		<link>https://granttrainingcenter.com/blog/grant-writing-experience-help-get-job/</link>
		<comments>https://granttrainingcenter.com/blog/grant-writing-experience-help-get-job/#comments</comments>
		<pubDate>Mon, 21 Aug 2023 14:30:23 +0000</pubDate>
		<dc:creator><![CDATA[Mathilda Harris]]></dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[collaboration]]></category>
		<category><![CDATA[Grant Writing]]></category>
		<category><![CDATA[strategic planning]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Universities]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[budgets]]></category>
		<category><![CDATA[culture]]></category>
		<category><![CDATA[grant writing]]></category>
		<category><![CDATA[job search]]></category>
		<category><![CDATA[preparation]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[skills]]></category>
		<category><![CDATA[writing style]]></category>

		<guid isPermaLink="false">https://granttrainingcenter.com/blog/?p=727</guid>
		<description><![CDATA[<p>Grant writing expertise can be a valuable asset when you&#8217;re seeking a job. Even if the job itself is not directly related to grant writing, many of the skills you develop in writing and implementing grants strongly relate to superior job attributes. In some cases such as academia, keeping your job is directly tied to... <a class="gtc-read-more" href="https://granttrainingcenter.com/blog/grant-writing-experience-help-get-job/">read more</a></p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/grant-writing-experience-help-get-job/">How Does Grant Writing Experience Help Me Get a Job?</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
]]></description>
				<content:encoded><![CDATA[<p>Grant writing expertise can be a valuable asset when you&#8217;re seeking a job. Even if the job itself is not directly related to grant writing, many of the <a title="Learn Grant Writing" href="/workshops/online/live" target="_blank">skills you develop</a> in writing and implementing grants strongly relate to superior job attributes. In some cases such as academia, keeping your job is directly tied to advancing your research through grants.</p>
<p>The following is how grant writing know-how can help you stand out and secure a job:</p>
<h3>Strong Communication Skills:</h3>
<p>Grant writing requires clear and persuasive writing, which is a highly sought-after skill in many job roles. Your ability to communicate effectively can set you apart from other candidates during the application process and in the workplace.</p>
<h3>Attention to Detail:</h3>
<p>Grant writing involves meticulous attention to detail to ensure that proposals are accurate and well-organized. This skill is valued in many positions, especially those that involve data analysis, quality control, or project management.</p>
<h3>Project Management Abilities:</h3>
<p>Grant writing often entails creating project plans, budgets, and timelines. These skills are transferable to roles that require effective project management, whether you&#8217;re leading a team, coordinating tasks, or ensuring deadlines are met.</p>
<h3>Research Proficiency:</h3>
<p>Successful grant writing involves thorough research to understand funding opportunities and tailor proposals to specific requirements. This research skill is applicable to various jobs that involve data gathering, analysis, and strategic planning.</p>
<h3>Strategic Thinking:</h3>
<p>Crafting grant proposals requires strategic thinking to align your organization&#8217;s goals with potential funders&#8217; priorities. This ability can be valuable in roles that involve business development, marketing, or sales.</p>
<h3>Financial Literacy:</h3>
<p>Grant writers often work on budget development and financial projections. This financial literacy is relevant to jobs in finance, accounting, and budget management.</p>
<h3>Collaboration and Networking:</h3>
<p>Grant writers often <a title="Funding Opportunities and Collaborators" href="/individual_membership" target="_blank">collaborate</a> with colleagues, partners, and funders. This experience can be advantageous in roles that require teamwork, relationship-building, and networking.</p>
<h3>Innovation and Creativity:</h3>
<p>Developing unique and innovative proposals to secure funding highlights your creativity and problem-solving abilities. These traits are attractive to employers looking for candidates who can bring fresh ideas to their teams.</p>
<h3>Results-Oriented Approach:</h3>
<p>Successfully securing grants demonstrates your ability to achieve tangible results. Employers appreciate candidates who can showcase their track record of achieving goals and driving positive outcomes.</p>
<h3>Industry Relevance:</h3>
<p>If you&#8217;re applying for a job in a nonprofit, research, or <a title="Institutional Services" href="/institutional_membership/new" target="_blank">academic</a> setting, having grant writing expertise can demonstrate your understanding of funding processes and your ability to contribute to securing resources for the organization.</p>
<h3>Higher Education Advancement:</h3>
<p>Faculty promotion, advancement, and tenure are often directly tied to your success in grant procurement.  This in turn relates to your reputation as a researcher and the prestige of your institution.</p>
<p>When applying for jobs, be certain to highlight your grant writing experience on your resume, cover letter, and during interviews. Emphasize the transferable skills and qualities you&#8217;ve developed through grant writing that make you a well-rounded and capable candidate. Even if the job doesn&#8217;t involve grant writing directly, your expertise can make you a more attractive candidate by showcasing your ability to bring valuable skills to the table.</p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/grant-writing-experience-help-get-job/">How Does Grant Writing Experience Help Me Get a Job?</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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		<title>What You Need to Know About the NIH Data Management Plan</title>
		<link>https://granttrainingcenter.com/blog/need-know-nih-data-management-plan/</link>
		<comments>https://granttrainingcenter.com/blog/need-know-nih-data-management-plan/#comments</comments>
		<pubDate>Mon, 31 Jul 2023 14:30:27 +0000</pubDate>
		<dc:creator><![CDATA[Mathilda Harris]]></dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[collaboration]]></category>
		<category><![CDATA[Compliance]]></category>
		<category><![CDATA[Data Management]]></category>
		<category><![CDATA[Grant Management]]></category>
		<category><![CDATA[Grant Writing]]></category>
		<category><![CDATA[NIH]]></category>
		<category><![CDATA[Post-award]]></category>
		<category><![CDATA[Research Grants]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[data]]></category>
		<category><![CDATA[grant management]]></category>
		<category><![CDATA[grant writing]]></category>
		<category><![CDATA[post-award]]></category>
		<category><![CDATA[research]]></category>

		<guid isPermaLink="false">https://granttrainingcenter.com/blog/?p=721</guid>
		<description><![CDATA[<p>The NIH closely scrutinizes the Data Management Plan (DMP) as a fundamental part of the grant application, for it demonstrates how data will be handled and generated during the research project. A well-crafted DMP reveals that the researcher has considered the full life cycle of the research data and is committed to sharing valuable resources... <a class="gtc-read-more" href="https://granttrainingcenter.com/blog/need-know-nih-data-management-plan/">read more</a></p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/need-know-nih-data-management-plan/">What You Need to Know About the NIH Data Management Plan</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
]]></description>
				<content:encoded><![CDATA[<p>The NIH closely scrutinizes the Data Management Plan (DMP) as a fundamental part of the grant application, for it demonstrates how data will be handled and generated during the research project. A well-crafted DMP reveals that the researcher has considered the full life cycle of the research data and is committed to sharing valuable resources with the scientific community, which enhances the impact and reproducibility of the research.</p>
<p>The following is a step-by-step guide on how to write the NIH DMP:</p>
<h3>Understanding the NIH Data Sharing Policy:</h3>
<p>Familiarize yourself with the specific data sharing requirements and policies outlined in the Funding Opportunity Announcement (FOA) or the agency-specific guidelines. Each NIH institute may have slightly different expectations for data sharing, so be sure to tailor your plan accordingly.</p>
<h3>Starting early:</h3>
<p>Begin working on your DMP early in the grant writing process. This detailed document requires thoughtful consideration, and rushing through it could lead to oversight or errors.</p>
<h3>Types of data to be collected:</h3>
<p>Clearly outline the different types of data that will be generated in your research project. This can include experimental results, survey responses, clinical data, genomic data, imaging data, etc.</p>
<h3>Data collection procedures:</h3>
<p>Explain how you will collect and generate the data. Describe the instruments, protocols, and methodologies you will use. Address issues like data quality control and validation.</p>
<h3>Data organization and documentation:</h3>
<p>Detail how you will organize and document your data during the research project. This can involve establishing a standardized naming convention, using metadata, and creating data dictionaries or codebooks.</p>
<h3>Data storage and backup:</h3>
<p>Describe how you will store your data securely during the project. This may involve using institutional servers, cloud-based storage, or other dedicated data repositories. Include information on data backup procedures to prevent data loss.</p>
<h3>Data sharing:</h3>
<p>Clearly state your intentions regarding data sharing. If you plan to share data, specify the timing and conditions under which the data will be made available to other researchers and through which platforms or repositories.</p>
<h3>Data access controls and restrictions:</h3>
<p>Address any sensitive or confidential data and explain how you will protect the privacy and confidentiality of human subjects, as well as any intellectual property considerations.</p>
<h3>Data preservation:</h3>
<p>Outline your plan for the long-term preservation of the data beyond the project&#8217;s duration. Identify suitable <a title="Find Funding Opportunties" href="/individual_membership" target="_blank">data archives</a> or repositories for depositing the data and explain how you will provide access to the data after the project ends.</p>
<h3>Data sharing agreement (if applicable):</h3>
<p>If data sharing involves collaborations with other institutions or researchers, mention any data sharing agreements that will be established.</p>
<h3>Roles and responsibilities:</h3>
<p>Clearly define the roles and responsibilities of team members regarding data management. This includes data ownership, access permissions, and data custodianship.</p>
<h3>Compliance and ethical considerations:</h3>
<p>Address any compliance requirements related to data management, such as data use agreements or Institutional Review Board (IRB) approvals.</p>
<h3>Budget:</h3>
<p>If data management activities require additional funding, ensure that you include a well-justified budget for these expenses.</p>
<p>The DMP should ultimately be a comprehensive plan along with a timeline that identifies the data types and resources that will be generated, where they will be stored, and who will have access to them. Given the innovative and sensitive nature of the research that agencies such as the NIH and the NSF fund, this is a <a title="Grant Proposal Review Services" href="/proposal_review" target="_blank">closely scrutinized</a> part of the proposal.</p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/need-know-nih-data-management-plan/">What You Need to Know About the NIH Data Management Plan</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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		<title>Higher Education Applauds the Biden Administration FY 22 Budget</title>
		<link>https://granttrainingcenter.com/blog/higher-education-applauds-biden-administration-fy-22-budget/</link>
		<comments>https://granttrainingcenter.com/blog/higher-education-applauds-biden-administration-fy-22-budget/#comments</comments>
		<pubDate>Mon, 11 Oct 2021 14:30:29 +0000</pubDate>
		<dc:creator><![CDATA[Mathilda Harris]]></dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[Diversity]]></category>
		<category><![CDATA[Federal Funding]]></category>
		<category><![CDATA[Grant Seeking]]></category>
		<category><![CDATA[NIH]]></category>
		<category><![CDATA[NSF]]></category>
		<category><![CDATA[Research Grants]]></category>
		<category><![CDATA[STEM]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Universities]]></category>
		<category><![CDATA[AHRQ]]></category>
		<category><![CDATA[Biden]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[changes]]></category>
		<category><![CDATA[climate change]]></category>
		<category><![CDATA[culture]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[grant seeking]]></category>
		<category><![CDATA[HBCUs]]></category>
		<category><![CDATA[MSI]]></category>
		<category><![CDATA[NASS]]></category>
		<category><![CDATA[update]]></category>

		<guid isPermaLink="false">https://granttrainingcenter.com/blog/?p=659</guid>
		<description><![CDATA[<p>The Biden Administration’s FY 2022 Budget for higher education signals support for innovation in agriculture and science, climate change, rural development and access as well as equity via the funding of minority institutions. For example, the NIH and NSF budget increases of 20% are for innovative programs that translate to the increased funding for transformative... <a class="gtc-read-more" href="https://granttrainingcenter.com/blog/higher-education-applauds-biden-administration-fy-22-budget/">read more</a></p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/higher-education-applauds-biden-administration-fy-22-budget/">Higher Education Applauds the Biden Administration FY 22 Budget</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
]]></description>
				<content:encoded><![CDATA[<p>The Biden Administration’s FY 2022 Budget for higher education signals support for innovation in agriculture and science, climate change, rural development and access as well as equity via the funding of minority institutions. For example, the NIH and NSF budget increases of 20% are for innovative programs that translate to the increased funding for transformative grants, interdisciplinary programs and building relationships between business and higher education via such mechanisms as the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR).</p>
<p>Specifically:</p>
<ul>
<li><strong>National Institutes of Health – 20% increase </strong>to spur innovation across the economy, renew America’s global leadership, build on efforts to combat the COVID-19 pandemic and improve the public health infrastructure. Two-thirds of the $9 billion increase for <a title="NIH Grant Writing Training" href="/workshops/online" target="_blank">NIH</a> is to establish the Advanced Research Projects Agency for Health (ARPA-H) in order to drive transformational innovation in health research.</li>
</ul>
<ul>
<li><strong>National Science Foundation – $1.7 billion increase </strong>is intended to fund research across NSF’s portfolio and improve equity in science and engineering, advance climate science and sustainability research, and augment research infrastructure.</li>
</ul>
<ul>
<li><strong>Minority Serving Institutions (MSIs) – $3.45 billion increase, </strong>including Historically Black Colleges and Universities (HBCUs) and tribal colleges and universities to improve research and development infrastructure and the creation of a tuition assistance grant program, which would reduce tuition and fees for low-income students attending HBCU and MSI institutions during their first two years of college.</li>
</ul>
<ul>
<li><strong>Agency for Healthcare Research and Quality (AHRQ) –</strong> <strong>$15 million increase </strong>is to be allocated equally for research on integrated treatment for opioid and multiple substance abuse disorders in ambulatory care settings and for its initiative to improve maternal health.</li>
</ul>
<ul>
<li><strong>National Agricultural Statistics Service (NASS)</strong> <strong>– $10 million increase </strong> for climate change research through the expansion of its existing geospatial program, informing the impact of extreme weather events and establishing baseline data for climate change tracking.</li>
</ul>
<ul>
<li><strong>Bureau of Economic Analysis (BEA)</strong> <strong>–</strong> <strong>$9 million increase</strong> to ensure the US Department of Commerce remains a leader across government in data innovation and implementation. The majority of the funds, $7 million, is to develop a federal data service.</li>
</ul>
<ul>
<li><strong>National Center for Science and Engineering Statistics (NCSES) – $6 million increase</strong> supports the creation of America’s DataHub, a research center to share and link existing data to solve complex problems and improve the informational infrastructure around understanding racial equity.</li>
</ul>
<ul>
<li><strong>Economic Research Service (ERS) – $5 million increase</strong> to expand the modeling, data, and analysis between climate change and the agriculture sector.</li>
</ul>
<p>The FY 2022 Biden Administration Budget support for education is robust and has been applauded by educational institutions at all levels. For higher education, research and development in the sciences as well as equity takes a leading role. Minority Serving Institutions and Historically Black Colleges and Universities will see benefits for their organizations and students. Equally important is the reinstated increase of funds for climate change research and agricultural innovations.</p>
<p>Ultimately, these budget increases will benefit researchers and those in higher education at various levels through the <a title="Grant Review Services" href="/proposal_review" target="_blank">grants</a>, cooperative agreements and contracts for which they can apply.</p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/higher-education-applauds-biden-administration-fy-22-budget/">Higher Education Applauds the Biden Administration FY 22 Budget</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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		<title>What the Trump Budget Means for Grant Funding</title>
		<link>https://granttrainingcenter.com/blog/trump-budget-means-grant-funding/</link>
		<comments>https://granttrainingcenter.com/blog/trump-budget-means-grant-funding/#comments</comments>
		<pubDate>Mon, 27 Mar 2017 14:30:41 +0000</pubDate>
		<dc:creator><![CDATA[Mathilda Harris]]></dc:creator>
				<category><![CDATA[Grant Seeking]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[changes]]></category>
		<category><![CDATA[donors]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[energy]]></category>
		<category><![CDATA[grant seeking]]></category>
		<category><![CDATA[NIH]]></category>
		<category><![CDATA[nonprofit]]></category>
		<category><![CDATA[NSF]]></category>
		<category><![CDATA[preparation]]></category>
		<category><![CDATA[research]]></category>
		<category><![CDATA[STEM]]></category>
		<category><![CDATA[strategic planning]]></category>
		<category><![CDATA[Trump]]></category>
		<category><![CDATA[update]]></category>

		<guid isPermaLink="false">https://granttrainingcenter.com/blog/?p=506</guid>
		<description><![CDATA[<p>President Trump’s federal budget plan will mean stiffer competition for research, education, and humanities funding. Although the proposed budget will likely undergo changes before it is finalized, the stage has been set for potentially severe cuts. Specifically, the deepest proposed cuts are: Environmental Protection Agency (31% reduction), State Department (29% reduction), and the Department of... <a class="gtc-read-more" href="https://granttrainingcenter.com/blog/trump-budget-means-grant-funding/">read more</a></p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/trump-budget-means-grant-funding/">What the Trump Budget Means for Grant Funding</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
]]></description>
				<content:encoded><![CDATA[<p>President Trump’s federal budget plan will mean stiffer competition for research, education, and humanities funding. Although the proposed budget will likely undergo changes before it is finalized, the stage has been set for potentially severe cuts. Specifically, the deepest proposed cuts are: Environmental Protection Agency (31% reduction), State Department (29% reduction), and the Department of Agriculture (21% reduction). &#8220;If they were to be enacted, these cuts signal the end of the American century as a global innovation leader,&#8221; said Robert D. Atkinson, president of the Information Technology and Innovation Foundation, an industry-financed think tank. He added that &#8220;the Trump budget throws this great legacy away and is putting us on the path to being an economy that is a hewer of wood and drawer of water.&#8221;</p>
<p>Some of the most dramatic cuts by category are:</p>
<h2>Arts and Humanities:</h2>
<p>The budget plan proposes to eliminate entirely the National Endowment for the Arts (NEA) and severely cut the existing $148 million budget of the National Endowment for the Humanities (NEH). This will mean that 40% of the NEA funds that are channeled to states and matched will no longer offer real participation to those who otherwise have no avenue to music and the arts in their communities. “The hope that comes from creativity in these low-income communities will be obliterated.&#8221; (<em>Washington Post</em>, 3/23/2017).</p>
<p>“One common comparison we’ve seen says that Melania Trump’s security detail at Trump Tower costs more than the annual budget for the National Endowment for the Arts.&#8221; (Linda Qiu on Wednesday, February 8th, 2017, <em>PUNDITFACT</em>).</p>
<h2>Sciences and Higher Education:</h2>
<ul>
<li>The Agriculture Department budget eliminates the $500 million Water and Wastewater loan and grant program.</li>
<li>The Commerce Department budget eliminates the $73 million Sea Grant program, which operates in conjunction with universities in 33 states.</li>
<li>The Department of Energy is to eliminate $900 million in Office of Science funding.</li>
<li>The Environmental Protection Agency is to cut the Office of Research and Development funding in half.</li>
</ul>
<p>A drastic cut of 18% or $5.8 billion is looming over the National Institutes of Health (NIH). This would severely reduce the funding NIH gives out to researchers around the globe, and reductions are slated for intramural and extramural research, and complete elimination the Fogarty International Center, which builds partnerships between the US and international institutions.</p>
<p>Although NASA will take a small cut of 1%, the Experimental Program to Stimulate Competitive Research (EPSCoR), which supports science and technology research and development at colleges and universities in areas such as remote sensing, nanotechnology, astrophysics and aeronautics, will be eliminated.</p>
<p>These cuts range from higher education, to research and innovation, to incentives for younger researchers who are beginning their careers. It is the young investigators who will be most affected. As competition increases they will be pitted against their older and more experienced colleagues. Most importantly, the research that makes the US competitive on the world stage will not take place, eventually affecting national security.</p>
<p>The thinking behind these cuts is that industry will pick up the slack. This will have broad implications for our colleges and universities that teach and train new generations of scientists and educators. Plainly, their potential will be impaired and creativity and exploration will be limited.</p>
<h2>Education and Nonprofit groups:</h2>
<p>The Education Department is targeted for a 14% reduction, which will downsize or eliminate grants for teacher training, afterschool programs, and aid to low-income and minority college students, currently amounting to $3.7 billion in funding.</p>
<p>Cuts to nonprofit groups and public agencies are epitomized by the 21% or 2.5 billion cut to the Department of Labor, which will eliminate grants that help nonprofit groups and public agencies that fund safety and health training.</p>
<h2>Cultural Exchange Programs:</h2>
<p>The Department of State is slated for $10.9 billion cut or 29% of its budget. That will reduce most cultural exchange programs. Many bilateral educational programs and agreements under the United States Agency for International Development (USAID) will either be severely cut or completely eliminated.</p>
<p>Hopefully these changes will not pass Congress since some agencies, such as NIH and NSF, have strong bipartisan support. However, according to Barry Toiv, a spokesman for the Association of American Universities, which represents major research institutions, “If Congress goes along with deep overall cuts in non-defense discretionary funding, significant cuts to research spending are almost inevitable.&#8221;</p>
<p>Solutions are difficult to anticipate. What is certain, however, is that competition will increase and those submitting proposals will have to be equipped with all the tools that will make their proposals competitive, such as <a title="Grant Training" href="/workshops_list" target="_blank">training</a>, mentors, partnerships, <a title="Grant Training Center Member Community" href="/membership_description" target="_blank">collaboration </a>and interdisciplinarity.</p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/trump-budget-means-grant-funding/">What the Trump Budget Means for Grant Funding</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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		<title>Justifying Your Proposal: The Budget</title>
		<link>https://granttrainingcenter.com/blog/justifying-proposal-budget/</link>
		<comments>https://granttrainingcenter.com/blog/justifying-proposal-budget/#comments</comments>
		<pubDate>Mon, 15 Feb 2016 15:30:13 +0000</pubDate>
		<dc:creator><![CDATA[Mathilda Harris]]></dc:creator>
				<category><![CDATA[Budget]]></category>
		<category><![CDATA[Grant Writing]]></category>
		<category><![CDATA[audit]]></category>
		<category><![CDATA[budget]]></category>
		<category><![CDATA[donors]]></category>
		<category><![CDATA[FOA]]></category>
		<category><![CDATA[grant writing]]></category>
		<category><![CDATA[Grants Office]]></category>
		<category><![CDATA[institutional support]]></category>
		<category><![CDATA[measurable]]></category>
		<category><![CDATA[personnel]]></category>
		<category><![CDATA[RFA]]></category>
		<category><![CDATA[RFP]]></category>

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		<description><![CDATA[<p>I often hear over and over again how difficult it is to create a budget. In many ways I can understand that this is a problem, as most grants are about specific ideas and will need a budget figure. It is difficult to budget ideas; thus, many people struggle with this particular part of the... <a class="gtc-read-more" href="https://granttrainingcenter.com/blog/justifying-proposal-budget/">read more</a></p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/justifying-proposal-budget/">Justifying Your Proposal: The Budget</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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				<content:encoded><![CDATA[<p>I often hear over and over again how difficult it is to create a budget. In many ways I can understand that this is a problem, as most grants are about specific ideas and will need a budget figure. It is difficult to budget ideas; thus, many people struggle with this particular part of the proposal. Nevertheless, the budget is a key element of most grants. An effective proposal budget outlines the project in fiscal terms and helps reviewers determine how the project will be conducted. Budget information about the activities planned and personnel who will serve on the project also provides reviewers with an in-depth picture of how the project will be structured and managed. Your financial plan details usually reveal to the donor whether your project has been carefully designed and if it is feasible.</p>
<p>The budget must give an accurate assessment of all cost items and cost amounts that are deemed necessary and reasonable. It should be complete and include all costs for any personnel, supplies, and activities that will be undertaken. If the project is funded, the budget will become the financial plan used by the funding agency to provide support. Once negotiated and approved, the budget will be etched in stone, and modifications will require the approval of the donor. It will also be a legal agreement between the institution and the donor and will be subject to audits to ensure compliance.</p>
<h2><strong>Where should one begin?</strong></h2>
<p><strong>The solicitation</strong> – The first step in the process of submitting a proposal is to identify the appropriate solicitation. For <a title="Member Community" href="/membership_description" target="_blank">federal grants</a>, this could be a Research Funding Announcement (RFA), Request for Proposal (RFP), Proposal Announcement (PA), or Funding Opportunity Announcement (FOA). If you are <a title="Member Community" href="/membership_description" target="_blank">applying to a foundation</a>, they may have different solicitation announcements that you would need to follow. It is vital to read the announcement in its entirety before starting. The solicitation will give funding guidelines and will state any budgetary restrictions. A budget template is often provided as well. It is critical to determine whether there are any limitations on direct or indirect costs.</p>
<p><strong>Grants Office</strong> – The second step will be to outline your budget categories and discuss those with the staff in your research office or a grants office. They can assist you with personnel details, equipment, and other budget categories. If, on the other hand, you have to come up with a budget on your own, you will need to consider the following direct and indirect costs.</p>
<h2><strong>Putting the Budget Together</strong></h2>
<p><strong>Direct costs</strong> are the expenses that the donor will pay for a specific project. These costs will include activities and expenditures that will take place during the course of the grant, such as personnel salaries, employee benefits, travel, equipment, publications and training. It is important to adhere to the allowable costs for personnel salaries and fringe requests.</p>
<ul>
<li><strong>Personnel Costs – </strong>This category will always be the first part of the budget and will include the percentage of time dedicated by each of the key and non-key personnel. The Principal Investigator (PI) or the Project Director (PD) may devote a certain percentage of time to the project. The cost will be determined from his or her current salary and benefits. The non-key personnel, such as students or others not directly involved in the content of the project, also are included in the budget in terms of the percentage of time spent on the grant.</li>
<li><strong>Other Costs – </strong>Equipment (with acquisition cost of more than $5,000 as per most government grant guidelines), travel, participant support, consultants, statisticians, training costs and animal purchases will be categories for those doing research projects. Materials, supplies, publications, and computer services might be additional costs.</li>
<li><strong>Activity Costs –</strong> For project grants, the main areas that drive the budget will be the solicitation requirements and the objectives and activities of the grant. Thus, every activity should be budgeted according to personnel and non-personnel costs. For example, how much time will be dedicated to evaluation both in terms of personnel and non-personnel costs?</li>
</ul>
<p><strong>Indirect Costs – </strong>These are the costs that an institution will charge the grantor for conducting the project.</p>
<p>Often referred to as the “costs of doing business”, overhead, and facilities and administration charges, these costs are negotiated with federal and state governments. It is essential to adhere to the solicitation’s allowable costs for this category. Donors may restrict the percentage of allowable indirect costs. Some may allow the total amount requested, others a certain percentage, and yet others none at all. The latter is especially the case with foundations.</p>
<p>It is important to remember that a budget will not include any costs incurred prior to receiving the grant and any that will follow the life of the grant. Additionally, there are frequently total allowable funding limits and cost share requirements, all of which must be first taken into consideration.</p>
<p>Ultimately, the budget will tell the fiscal story of your proposal and must match the narrative of the project. It must be detailed, accurate, necessary and reasonable. Your story should begin with the narrative and end with the budget, and both need to match up perfectly.</p>
<p>The post <a rel="nofollow" href="https://granttrainingcenter.com/blog/justifying-proposal-budget/">Justifying Your Proposal: The Budget</a> appeared first on <a rel="nofollow" href="https://granttrainingcenter.com/blog">Grant Training Center Blog</a>.</p>
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