Budget Template and Justification

Download the OSP Budget Template  and Sample Justification to assist you or your PI in creating a budget.

The OSP requires the budget template and justification be included with every proposal.

In each spreadsheet, there are tabs at the bottom so you can create either a one, two, three, four, or five year budget. The inflation rates auto calculate across years for salaries based on the person's Banner E-Class. By submitting the budget spreadsheet to OSP with your proposal, it makes the review time a lot faster!

A Budget Justification must be included regardless of agency/sponsor requirements. A consistent approach is being applied to all sponsored projects to assure compliance. The federal government makes it the university's responsibility to fully justify all budgets. It is one of OSP's main functions to review these budgets and to be able to match the items requested in the budget lines to the project description to ensure forethought, necessity, consistency, and compliance of all items listed. Finally, budget justification sections make post-award determination on allowable and allocable costs quick and simple.