1. Budget Section
Original Budget: Enter budget as originally awarded by the sponsor. F&A will automatically calculate based on the rate information entered in the next section. If an MTDC rate is used, enter that amount which is excluded from the F&A calculation on the Other line.
Current Approved Budget: Enter the current budget.
Requested Change:
- Requested Increase: Enter requested increases as positive values on applicable lines.
- Requested Decrease: Enter requested decreases as negative values on applicable lines.
Revised Budget: Automatically calculates.
Cumulative Change: Automatically calculates. Note: Line item changes > 25% or total budget changes > 10% usually require sponsor approval and will be indicated by “CHK” in that cell.
Expenses Thru: Enter the actual project-to-date expenses through the above date.
Available Budget: If actual expenses were entered in the previous column, the remaining available budget will automatically calculate.
2. F&A Rate Section
TDC = Total Direct Costs
MTDC = Modified Total Direct Costs
Enter F&A rate on applicable line. F&A amounts will automatically calculate throughout form.