Get Budget Impact Statement

The Budget Impact Statement is a vital document designed to present the financial implications of your project. This guide will assist you in completing the form online with step-by-step instructions to ensure all components are accurately addressed.

Follow the steps to complete the Budget Impact Statement effectively.

1. Press the ‘Get Form’ button to obtain the Budget Impact Statement and open it in your preferred editor.
2. Begin by entering the title of your project, including details like 'MRI: Acquisition of a High Resolution Mapping Raman Microprobe for Research and Teaching'.
3. Fill out the vendor information, including name and contact details, reflecting your correspondence with Dr. Russell Kelz regarding the renegotiated instrument pricing.
4. Detail the total project cost, ensuring to specify the revised total after vendor negotiations, which is now set at $260K.
5. In the budget justification section, explain the changes in the funding request due to altered fringe benefit rates and cost-sharing requirements.
6. Clearly articulate the role and responsibilities of the Research Scientist, including changes in their full-time equivalent (FTE) from 1.3 to 0.5.
7. Construct a detailed budget breakdown for each year of the project, specifying major costs and the corresponding NSF request alongside cost-sharing amounts.
8. Outline the necessary equipment details, such as the specifications of the Raman Microscope and any additional needed components.
9. Review the form to ensure all fields are appropriately filled and accurate before finalizing your submission.
10. Save your changes to the form, download it for your records or printing, and prepare to share it with relevant stakeholders.

Complete your Budget Impact Statement online today and ensure accurate reporting and planning for your project.