Budget Preparation Tips

Please click on the below links for helpful guidance on preparing your budget:

Budget Development:
Pre-Award Budget Preparation Tips
RFCUNY Fringe Benefit Rates
MTA Tax
Understanding Indirect Costs
Hostos CC Federally Negotiated Indirect Cost Rate Agreement
Payments to CUNY Employees

  • Note that stipend and honorarium payments to CUNY employees are unallowable. Faculty cannot receive stipend payments and must budget time spent on their grant-related activities (in relation to the scope of work) as effort,summer salary or both. Always check the grant application  to confirm that your budget is in line with the sponsor's guidelines.
  • Note that cost-sharing and/or matching funds is unallowable unless explicitly stated in the RFP and thus, required by the sponsor.  

Resources:
Cost-Share Memo from CUNY's Vice Chancellor for Research
OGRA Sample Budget Template