6.3 NIH Modular Budgets The NIH has instituted budgeting guidelines for many of its applications. Under these guidelines, for application of $250,000 or less of direct costs, no detailed budgets are provided to NIH, although details on personnel and subcontracts are provided in a budget justification. Amounts requested per year cannot (currently) exceed $250,000 in direct costs and funding must be requested in $25,000 increments. PI/PDs should remember to budget for future year inflationary increases. NIH provides instructions on how to average costs over the years of the award to provide for such increases, as well as one-time purchases, such as equipment. No detailed budgets are required at any level during the review process, but PI/PDs are responsible for accurately completing the budget justification.
For Additional Information see: http://www.bu.edu/osp/proposal-preparation/budget-development/