Completing the budget sheet. A budget summary should be included for proposals with multi-year funding.All budget entries should be rounded to the nearest whole dollar. Budget Proposals: Budget proposals outline an organization's budgetary needs, including revenue projections, expenses, and resource allocation. The remaining tuition costs must be included as a line item in the budget to the sponsor. A proposal budget reflects the Principal Investigator's best estimate of the costs for conducting the project within a defined time period. Respondent's proposal must be submitted in the format outlined below. The Sponsored Programs Office can help you assemble your proposal, provide counsel on various portions of the project, and help you develop your budget.