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The Office of Research and Sponsored Programs (ORSP)

Researcher's Manual - Building a Budget

In order to build a budget for the project in mind, it is necessary to translate all the steps of the research into action items. Each action item identified will need resources in the form of effort, equipment, and materials and supplies. The project budget is formed by quantifying each resource needed for each action item and adding in costs that are statutory, such as fringe benefits, taxes, fees, and facilities and indirect costs. The Office of Research and Sponsored Programs offers individual meetings to help PIs develop project budgets.