?? How do I design a budget to submit with my proposal ??
Within the details of the request for proposal, there may
be information on the layout of the financial information required. There are a
couple of styles:
a summary page of all expenditures with a break out of cost
per year (if grant takes longer than a year to complete), and a description of all costs
attached,
a narrative style listing the type of cost and the amount
with a narrative description of the purpose for the expense.
Here are a range of issues to consider when developing a
budget proposal:
How will the grant be staffed? Does the College Unit need to
hire adjunct faculty/part time adults to replace the faculty/staff working on the grant?
Is additional compensation to be paid to faculty/staff working on the grant?
What are the benefit rates associated with the proposed
salary or compensation structure?(See benefit rate information listed below)
What types of equipment may be required? The guidelines of
the proposal may indicate limitations of the type of equipment that may be purchased and
who maintains the ownership of the equipment.
Is work to be performed by outside contractors? What are the
financial terms for outside work to be performed?
What other educational or office supplies may be needed in
order to perform the work of the grant?
Is travel or educational training to be included?
What administrative and facilities charges (overhead) are
allowed? (this varies depending on the type of grant)
Attached is a list of University Revenue and Expense Object
Codes. By reviewing the categories, this may trigger other expense items that may need to
be included as part of the proposal.
?? What are the University Rates for
Travel, the Use of University Equipment, and Classrooms ??
The University has a Rate Schedule that is used to identify
the costs associated with using equipment and classrooms, as well as costs associated with
the Copy Center, the use of University vehicles, and per diem rates. Click here to find this
information.
?? What are the Student Fees for misc
(non-tuition/room) charges ??
See Student Fees (for information on fee types, job descriptions, account numbers, and other
related expenses.
?? Can I hire Student Employees and what rates can I pay them ??
Discuss the specifics of how work will be performed on your
grant proposal with your Dean or Department Head. The Student Employment Department can
determine an individual’s eligibility for work. The Department can also discuss rates
of pay for student employees.
Some individuals would like to pay students who work on
their research projects more than the employee wage rate levels identified on the Schedule
of Student Employee Wage Rates. Questions regarding allowable levels of pay should be
directed to Student Employment: 231-591-2151.
The following pay ranges are general guidelines for student
hires:
Level 1
Entry Level Workers
$5.75-$6.05/hr
Level 2
Specialized/Technical Worker
$6.00-$6.30/hr
Level 3
Student Supervisor/Manager
$6.25-$7.00/hr
Level 4
Exceptions
Contact Student Employment Office
Students employed in a highly skilled capacity for which few people
are qualified may be eligible for higher wages than those authorized in Levels 1, 2 and 3.
This is called an exempt wage rate.
An exempt wage rate will be determined based on the job
market, availability, student employment budgets, and comparability with others jobs on
campus. Requests for exempt wage rates will be processed through the student employment
coordinator. Examples of jobs that might qualify for exempt wage rates are student
teachers, interns and highly skilled technicians.
?? I would like to hire part-time
employees for a grant. What are the appropriate pay rates and hiring policies ??
?? I need assistance with grants. Who
can I contact for help ??
For help with pre- and post-award grants issues, the Ferris
Foundation, Institutional Review Board, Animal Use, and other assistance, visit the Who Does What page.
Contact Us