Grant Budgets SPED 613

Budget details Funders want to know what their dollars will be going toward. The grant budget is not the place to spring surprises on the funder. Anything that shows up in the budget should have already been discussed in the project design section of the application. Some funders require a budget narrative section to go along with the budget details.

Direct Cost - Budget Lines Personnel –Any project staff who will be paid through the grant Travel –Mileage reimbursement (40.5¢ per miles in SC) –per diem is the daily cost on meals and incidentals Equipment –For the purchase of major pieces of equipment –Be certain that the grant allows this –It may also take away from the grant proposal Supplies –Expendable materials needed for daily implementation of the project Contractual –Used to hire people who are not already a member of your staff

Other lines Indirect Costs –Often called overhead, cover services and products like telephone bill, rent payments, maintenance costs, insurance premiums that are essential for your school and consumed in some small degree by the project. In-kind –This is a list of what financial contributions that your school will make available to the grant-funded project. Some federal and state funding competitions require an in-kind match from %. –Hard match is the actual cash from your own general operating monies –Soft match is amount that your school commits of its already used resources. These include but are not limited to items such as infrastructure, existing equipment, office supplies.

Link Dollars to Activities Use conservative and accurate cost figures –Do your homework on the cost of specific items per vendor. –Save supporting documentation of each cost in case if you receive partial funds or a funder calls you to confirm on a seemingly high priced item. If your project will bring income then that needs to be reflected in the budget (e.g. registration fees for your conference) Describe details per line if a narrative is allowed

Professional Development Project Your School Course Awards:25 I. COURSE COSTS University-charged rate: $1, x 25 $21, Textbooks, $100 per teacher, per course $ 2, II. WAGES & TRAVEL 1. Personnel (Silly Sally) Stipend: $2, (+20.0% fringe) $ 2, SUM OF EXPENDITURE $ 26, INDIRECT 8% $ 2, SUBTOTAL (WU Center) $ 28,242.00

Domore Middle School Using Response to Intervention to Curb Disproportionate Representation 1. Key Personnel A.Salaries Suzy Que B. Fringe Benefits (set by school - 20%) Support Personnel A. Consultant on Disproportionate Representation legality B. Teacher Intervention Team Stipend (x5) C. Fringe Benefits Total Personnel Costs$12, Supplies Video Tapes on Instructional Strategies 200 Classroom Materials (20 teachers) Snacks for 3 inservices Additional Costs Photocopying/printing Telephone Calls 200 Total Direct Costs$15,550 School District Indirect Costs (set as 8%) Total Project Cost$16,794

Your Grant… What lines do you need to include? What are the costs per line? Let’s work in group.