The Office of Sponsored Research will assist you with developing your project budget. We will help you cost out the various components of your program and understand how your budget can be developed to be in compliance with the requirements of the sponsoring agency, the Research Foundation of SUNY, and SUNY.
The project budget is an essential component of an application for funds; it is often a determining factor in whether a grant is approved. Each sponsor specifies its own budget format and budget requirements. In general, line item budgets are completed for each year of the program, plus a summary budget for all years combined. In addition, a detailed budget narrative will be required to explain how each figure was computed.