A codification of general and permanent regulations known as Uniform Guidance CFR 200 – Code of Federal Regulations (CFR) were established by the departments and agencies of the Federal Government as uniform and guiding principles for Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
The following are general guidelines when budgeting or expensing funds on a government grant. All costs must be specific to the performance of the funded grant/contract, and are subject to four guiding federal cost principles, i.e. reasonable, allocable, consistent and conforming. Before any charges will be allowed against sponsored agreements, awards must provide evidence that the budget has sponsor approval. The Principal Investigator and the GSP are responsible for ensuring that costs are assigned to the project as appropriate. The Budget Templates include the following budget categories.
The following list is for general purposes only. All costs applied to sponsored research accounts should pass the test of being reasonable, allowable, allocable, and consistently treated. Please check with the Grants and Sponsored Projects Office if you have an exception to the rule.