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PHS SF424 (R&R) Adobe Forms Version B Application Guide * The application forms package associated with most NIH research grant funding opportunities includes two optional budget components: (1) SF424

How to fill out phs 398 modular budget

How to fill out phs 398 modular budget:

1. Gather all necessary information and documents required for the budget, such as estimates of personnel salaries and fringe benefits, equipment costs, travel expenses, and other direct costs.
2. Begin filling out the budget form by entering the project period and the name of the principal investigator.
3. Include the total direct costs requested for each budget period, as well as the total direct costs for the entire project period.
4. Break down the direct costs into different categories, such as personnel, equipment, supplies, travel, and other direct costs.
5. Provide detailed justifications for each cost item, explaining why it is necessary for the project.
6. Indicate any cost sharing or matching funds if applicable.
7. Calculate the total direct costs for each budget period by summing up the costs in each category.
8. Calculate the indirect costs (if applicable) based on the approved indirect cost rate and include it in the budget form.
9. Calculate the total requested costs for each budget period by adding the direct costs to the indirect costs.
10. Review the completed budget form for accuracy and completeness before submitting it.

Who needs phs 398 modular budget:

1. Researchers and scientists applying for grants from the National Institutes of Health (NIH) that require a modular budget format.
2. Institutions and organizations receiving funding from the NIH for research projects.
3. Principal investigators and research administrators responsible for preparing and submitting grant applications to the NIH.

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What is phs 398 modular budget?

The PHS 398 modular budget is a budget format used for NIH grant applications. It allows for simplified budget requests with predetermined budget levels based on the project's direct costs.

Who is required to file phs 398 modular budget?

Researchers and organizations applying for NIH grants are required to file the PHS 398 modular budget.

How to fill out phs 398 modular budget?

To fill out the PHS 398 modular budget, applicants need to provide detailed information about the project's direct costs, personnel salaries, and other budgetary aspects following the instructions provided by NIH.

What is the purpose of phs 398 modular budget?

The purpose of the PHS 398 modular budget is to simplify the budget request process for NIH grant applications and streamline the review and award process.

What information must be reported on phs 398 modular budget?

The PHS 398 modular budget requires information about direct costs, personnel salaries, fringe benefits, equipment, travel, supplies, and other project-related expenses.