Get the free NIH Modular Budget F&A Calculation Checklist - ospa umn

Un formulaire créé par le Sponsored Projects Administration pour aider les chercheurs et le personnel départemental à effectuer les calculs de F&A pour les propositions de subventions modulaires

How to fill out nih modular budget fa

How to fill out NIH Modular Budget F&A Calculation Checklist

1. Gather all necessary financial information related to your project.
2. Review the guidelines provided by the NIH regarding modular budgets.
3. Determine the total direct costs required for your project.
4. Decide on the number of modules needed based on your total direct costs (each module represents $25,000 in direct costs).
5. Calculate the Facilities and Administrative (F&A) costs applicable to your project.
6. Fill out the checklist with the total budget, number of modules, and F&A calculation according to the NIH format.
7. Double-check all calculations for accuracy.
8. Ensure that you have included any applicable justification for costs as required by the NIH.

Who needs NIH Modular Budget F&A Calculation Checklist?

1. Principal Investigators (PIs) applying for NIH funding.
2. Research administrators managing NIH grant submissions.
3. Financial officers responsible for budgeting in research institutions.
4. Anyone involved in preparing grant proposals for NIH that utilize modular budgets.

People Also Ask about

What is the F&A rate?

under grants to foreign and international organizations will be funded at a fixed rate of 8 percent of modified total direct costs Costs that can be identified specifically with a particular sponsored project, an instructional activity, or any other institutional activity, or that can be directly assigned to such

What is the F&A rate for NIH grant?

This past Friday afternoon, the National Institutes of Health (NIH) published a new notice announcing a 15% Facilities and Administrative (F&A) rate cap for all NIH grants (NOT-OD-25-068 opens a new window), effective immediately.

What is the foreign rate for NIH?

An indirect cost rate is a percentage (indirect cost pool/direct cost base) used to distribute indirect costs to all cost centers benefiting from those costs. Which agency should approve my indirect cost rate(s) and issue a Negotiation Agreement? Unless specifically assigned by 2 CFR 200, Appendix V, F.

What is the modular budget format for NIH?

Modular Budgets NIH uses a modular budget format to request up to a total of $250,000 of direct costs per year (in modules of $25,000, excluding consortium F&A costs) for some applications, rather than requiring a full detailed budget.

How much does a grant cost F&A?

A university's F&A cost rate is not a percent of the total grant, but rather a percentage only a subset of the research project's direct costs. Currently, the average amount paid to universities for F&A expenses is approximately 25-33 percent of the total amount of a grant.

Should I use R&R or Modular budget?

Generally, you must use the R&R Budget Form if you are applying for more than $250,000 per budget period in direct costs, and you must use the Modular Budget Form if you are applying for less than $250,000. However, some grant mechanisms or programs (e.g., training grants) may require other budget forms to be used.

What is the budget limit for R01 modular?

The main differences between the Modular R01 and the traditional R01 are the budget (capped at $250K direct costs) and the extent of the research that can be proposed.

For pdfFiller’s FAQs

What is NIH Modular Budget F&A Calculation Checklist?

The NIH Modular Budget F&A Calculation Checklist is a tool used to ensure that all necessary financial considerations are included in NIH grant applications, specifically focusing on Facilities and Administrative (F&A) costs.

Who is required to file NIH Modular Budget F&A Calculation Checklist?

Researchers and institutions applying for NIH grants that utilize the modular budgeting approach are required to complete the NIH Modular Budget F&A Calculation Checklist.

How to fill out NIH Modular Budget F&A Calculation Checklist?

To fill out the checklist, applicants should gather relevant budgetary information, follow the provided guidelines to calculate F&A costs, and input their findings into the specified sections of the checklist.

What is the purpose of NIH Modular Budget F&A Calculation Checklist?

The purpose of the checklist is to facilitate accurate budget preparation by ensuring compliance with NIH guidelines for F&A cost calculations, thereby enhancing the transparency and efficiency of the grant funding process.

What information must be reported on NIH Modular Budget F&A Calculation Checklist?

The checklist must report information such as direct costs, applicable indirect cost rates, total budget amounts, and any specific notes related to cost calculations for the proposed research project.