How do I create a budget for my funding proposal?

How do I create a budget for my funding proposal?

To create a budget for your funding proposal, start by listing all the expenses you anticipate, including personnel, materials, and overhead.

What specific categories should I include in the budget?

Include categories like personnel costs, equipment, supplies, travel, and indirect costs. Be as detailed as possible.

How do I justify the costs in my proposal?

Justify costs by providing a rationale for each expense, linking them to project goals and outcomes.

What if my budget exceeds the funding limit?

If your budget exceeds the limit, consider prioritizing essential expenses or seeking additional funding sources.