Preparing a Budget

A good budget needs careful consideration of all the resources needed to carry out the project. Under- or over-estimating is a mistake. Here's some steps to follow in preparing a grant budget.

What will the scheme pay for?

• Check their guidelines - they tell you.
• Budgets may include direct costs like
  • salaries (fellows & research assistants),
  • equipment,
  • travel (fares, accommodation and living allowances)
  • and printing/publication costs
  • It might also include indirect costs.

What are Indirect Costs?
They are essentially service costs - insurances, accounting, libraries, buildings, your office computer, the provision of this web site and everything it links to. There is a formula to
calculate these costs. If the funding agency allows indirect costs, it is compulsory to include them in your request for funding.

We'll help you prepare your grant budget
Contact us when you are ready to prepare your budget and we'll help you frame it. We'll
also work out the indirect costs and prepare the mandatory University Costing Template.

Phone: +61 2 6125 3118 Room 4003, Coombs Bld, ANU.
Email: judith.pabian@anu.edu.au