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Budgeting

A page within Research & Sponsored Programs

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Budget Development Resources

  • Equipment is tangible property having a useful life of more than one year and a per-unit acquisition cost of $5,000 or more. 
  • Supplies are items that may or may not be consumable that cost less than $5,000.
  • IT & technology:
    • During budget planning, PIs should reach out to IT for prior written approval of software and technology purchases as well as pricing information. This will simplify the post-award purchase process.
  • Facility rental: 
    • For rental of on-campus facilities, during budget planning, PIs should reach out to Reservations for facility and cost information. A facility rate sheet is also available.