Develop Your Budget

The budget is the monetary representation of a proposal and should include the costs for all aspects of the project. Whatever activities are proposed in the narrative - be it hiring new staff, stipends for students, materials and supplies, or travel - should be a budget line item. The budget section should also include a budget justification (also called budget notes, or budget narrative) explaining how the amounts were arrived at and why these costs are necessary for the successful completion of the project.

Budget Glossary for Definitions of Common Budget Categories and Line Items

Sample Budget Spreadsheet Template With Explanatory Notes.