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Rapid Fund Budget Template for Grant ApplicationSheet Objective:

Applicant applying for Rapid Fund can use this template to provide the requested budget details.		Your local currency
Please select your local currency in E1		NGN
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Expense typeExpense detailsNumber of UnitsUnit Price (Local)Unit Price (USD)Expense Total (Local)Expense Total (USD)Total requested (Local)Total requested (USD)
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Please select an Expense type from the drop down list Please describe any related details regarding this expenseState the number of units or requested quantityPlease state the cost of each Unit in your local currencyPlease convert the cost stated in column D to the US Dollars using OANDA Currency Converter. If the local currency is US Dollars, plase copy paste column D in here.The calculations are automatically generated
If not, please multiply Column C * Column D		The calculations are automatically generated
If not, please multiply Column C * Column E		The calculations are automatically generated
The calculations are automatically generated
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Administration and feesThe administrative cost for the trainers who would develop module materials for the project, train and guide the participants for three months and eventually develop a Source Evaluation Handbook for Nigerian Editors. The trainers would work for 20 hours in a week with a monthly stipend of $250 multiply by 3 which is $750.31,128,968.00$751.003,386,904.00$2,253.004,396,330.58$2,924.38
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Internet and servicesInternet and data allowances that would be shared for the 30 participants for three months. 5 thousand naira worth per month which make it 15,000 naira in 3 months. 3015,000.00$9.98450,000.00$299.30
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Prizes and awardsPrize for the 3 best participants during the training and the practical aspect. The first position gets $60 voucher, the second gets $40 and the third gets $20. 1180,420.00$120.00180,420.00$120.00
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OtherVirtual Certificates would be presented to the participants at the end of the three months mentorship and trainings.302,500.00$1.6675,000.00$49.88
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Communications and materialsPremium Zoom subscription for three months331,552.50$20.9994,657.50$62.96
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OtherMiscellaneous: This is to cater for unforeseen contingencies during the campaign. This is calculated by the total sum of the budget multiplied by 0.051209,349.08$139.24209,349.08$139.24
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