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This document serves as a budget request form for research projects, detailing personnel costs, equipment, travel, participant support, and other direct costs associated with the project.
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How to fill out RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1

01
Begin by gathering all necessary financial information and documentation for the project.
02
Open the RESEARCH & RELATED BUDGET form and locate SECTION A & B.
03
In SECTION A, provide the total budget for the entire project period, including personnel, equipment, and supplies.
04
Break down the costs in SECTION B by budget categories such as salaries, benefits, and travel costs.
05
Make sure to clearly indicate the budget period for which you are applying.
06
Review the guidelines to ensure compliance with funder requirements.
07
Double-check all calculations for accuracy before submission.

Who needs RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1?

01
Researchers applying for grants that require a detailed budget proposal.
02
Academic institutions seeking funding for scientific studies.
03
Non-profits and organizations conducting research projects.
04
Anyone involved in grant writing who needs to outline financial needs for a project.
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People Also Ask about

The budget period depends on the objective of the budget and the reliability of the data. Most companies budget yearly, month by month. For example, a seasonal business should use the natural business year beginning when accounts receivable and inventory are at their lowest level.
Budget Period: The interval of time (usually 12 months) into which a project period is divided for budgetary and funding purposes. The Budget Period also is the "period of funding availability," as specified in 45 CFR Part 74 and Part 92.
Overall, the purpose of a grant budget proposal is to: Show funders exactly how much a project or program costs — and, therefore, how much you actually need funding relative to other organizations. Demonstrate how your nonprofit will put competitive funds to good use compared to other nonprofits applying for funding.
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.
The intervals of time into which a period of assistance (project period) is divided for budgetary and funding purposes. Budget periods are usually 12 months long but may be shorter or longer, if appropriate. Sometimes referred to as the Budget Year.
Indirect costs, also known as "facilities and administrative (F&A)" or "overhead" costs, are project-related expenses that cannot be identified readily and specifically to a particular sponsored project, e.g., the costs of heat and air conditioning, electricity, building maintenance, security, libraries, administrative
It is usual for the budget period to be a year, but it is often broken down into shorter control periods, such as a month or a quarter. The budget periods should coincide with the accounting periods adopted by the organization.
Type/Format Modular Budget R&R Detailed Budget Use Modular Budget for requests up to $250,000 of direct costs/year Use Detailed Budget for requests greater than $250,000 of direct costs/year. Budget Justification Provide personnel justification only, no amounts.

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RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1 is a financial document that outlines the anticipated costs associated with a research project for the first budget period. It includes detailed estimates of funds needed for personnel, equipment, materials, and other categories to successfully conduct the research.
Typically, principal investigators or organizations applying for research grants and funding from federal agencies, such as the National Institutes of Health (NIH) or the National Science Foundation (NSF), are required to file RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1.
To fill out the RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1, you should provide detailed entries for each budget category, including salaries, benefits, equipment, supplies, travel, and indirect costs. Each section will require justification for the requested amounts alongside calculations and percentage distributions as needed.
The purpose of the RESEARCH & RELATED BUDGET - SECTION A & B, BUDGET PERIOD 1 is to provide funding agencies with a clear and comprehensive overview of the anticipated financial resources required to support the proposed research activities during the initial phase of the project.
The information that must be reported includes a detailed breakdown of costs for personnel (salaries and wages), fringe benefits, travel expenses, equipment purchases, materials and supplies, contract services, indirect costs, and any other relevant expenses. Additionally, justification for each budget line item should be included.
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