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Please ensure your budget aligns with university budget policies and guidelines. All expenditures must be permissible under university standards, including approved funding sources, procurement procedures, and allowable costs. If you’re unsure whether an expense is compliant, consult the links below or contact [Insert Name] before making the purchase. Your diligence helps maintain financial integrity and ensures we are able to continue to offer these types of funding opportunities.
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University Resources and Guides
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Reimbursable Business Expenses
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Allowability Chart
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Personnel
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VCU Project Team Costs
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Faculty Name or V#% EffortSalary
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Dr. Example1% $ 60,000 $ 600.00
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$ -
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$ -
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$ 600.00
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Hourly Hourly RateHours/Week#Weeks Subtotal
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Example Student $ 15.00 202 $ 600.00
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$ -
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$ -
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$ -
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$ 600.00
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Stipend
Amount/Semester
# of Semesters
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Example Student $1,500 2 $ 3,000.00
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$ -
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$ -
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$ -
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$ 3,000.00
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Community Partner StipendsAmount# of People
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Community Collabortors $ 500.00 5 $ 2,500.00
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Advisory Board Members $ - 0 $ -
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Co-researcher $ -
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Consultant $ -
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$ -
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$ -
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$ 2,500.00
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Expenses
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Training and Capacity Building Amount Number
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Workshops $ 250.00 3 $ 750.00
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Skill-Building Sessions $ -
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Equipment $ -
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$ -
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$ -
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$ 750.00
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Community Events Amount
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Venue Rental $ 750.00 $ 750.00
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Refreshment
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$ 750.00
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Research Amount Number
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Participant Incentives $ 100.00 50 $ 5,000.00
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$ -
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$ -
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$ -
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$ -
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$ 5,000.00
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Communications & Dissemination
Amount
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Outreach materials $ 500.00 $ 500.00
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Advertising
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Printing
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Software
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Reporting
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Website Development
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$ 500.00
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Community Transportation & Travel
Amount
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Mileage $ 60.00 $ 60.00
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Lodging
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Per diem
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$ 60.00
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Other Expenses Amount
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Example $ 150.00 $ 150.00
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$ 150.00
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Personnel Budget $ 6,700.00
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Expense Budget $ 7,210.00
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Total Budget $ 13,910.00
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Budget adjustments within 10% of the original line item allocation are permissible without additional approval, as long as they remain within the same scope as the original budget. Any changes exceeding this threshold or altering the intended use of funds must be reviewed and approved by the Grant Review Committee before implementation. If you have questions about budget modifications, please consult [Inset Here].
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