Grants Application Budget Template

(Estimated Cost Increases *)

EFFECTIVE: July 1, 2008

	Year-1	Year-2	Year-3	Year-4
	FY-2008 7/1/07+	FY-2009 7/1/08+	FY-2010 7/1/09+	FY-2011 7/1/10+
SALARY INCREASES (applied to faculty and staff)	4.0%	4.0%	4.0%	4.0%
FRINGE BENEFITS
Faculty & Staff	33.15%	35.0%	35.5%	36.0%
Post Docs (FICA only)*(see below)	7.65%	7.65%	7.65%	7.65%
Budget Health Benefits as "Other Expense"
Graduate Students (FICA only)*(see below)	7.65%	7.65%	7.65%	7.65%
Budget Health Benefits as "Other Expenses"
Budget Tuition payments "Other Expenses"
OTHER EXPENSES
Post Doc Health Benefits
Single Coverage	$2,444	$2,567	$2,695	$2,830
Family Coverage - One Dependent (optional)	$5,607	$5,887	$6,181	$6,490
Family Coverage - Two or More Dependent (optional)	$7,119	$7,475	$7,849	$8,241
Graduate Students Health Benefits
Student Coverage	$2,013	$2,113	$2,219	$2,330
Student and Wife Coverage	$7,535	$7,912	$8,308	$8,723
Additional Costs per child	$3,002	$3,152	$3,310	$3,476
Other Supplies and Services
Inflation assumptions not required	--	--	--	--
INDIRECT COST RATE
Federal Research - On Site	56.0%	56.0%	56.0%	56.0%
(excludes equipment, tuition, sub-contracts) - Amounts over the 1st $25,000 for each subcontract
University new equipment threshold is $5,000
Federal Other Sponsored Programs	50.0%	50.0%	50.0%	50.0%
Federal - Off Site	26.0%	26.0%	26.0%	26.0%
Non-federal (minimum)	25.0%	25.0%	25.0%	25.0%
Federal - Training	8.0%	8.0%	8.0%	8.0%
(applied to all direct costs, P.I. must include
copy of sponsor's budget instructions with
limitations)
*These are estimates of projected cost increase. Actual costs increases may differ.