Sponsored Programs & Research Compliance

Develop a Budget

A project budget is an estimated financial representation of the proposal's statement of work (e.g. what inputs or resources are necessary to get the desired outcomes). SPARC’s proposal development team will assist you in preparing and reviewing your budget.

Ideally, a budget should demonstrate how the university will achieve the project's objectives with an appropriate amount of resources. Budgets are guided by federal, state and university policies as well as sponsor-specific guidelines. Items included in the budget should be allowable, allocable, reasonable and consistently treated.

When submitted, a budget represents the university's best estimate for the project's costs. If awarded, UNCW will be required to adhere to the budget's structure for the life of the project. Therefore, UNCW strives to make its budgets as accurate and complete as possible prior to submission.

The Proposal Development Toolbox and Budget FAQs are full of detailed information that can assist you when developing your project budget. If you are new to budgeting, we encourage you to reach out to the proposal development team for assistance.

Important Note: Even if the sponsor does not require a budget, the SPARC office will still need an internal budget so that your grant officer can set up the award.

Still have questions?

Join us for our monthly Budget Support Information Sessions via Zoom on the fourth Thursday of the month at 11:30 a.m. These sessions will speak to the components and principles of effective and efficient budget development - with time for Q&A. Registration required.