Budget

What is Budget?

Budget meaning A financial plan that helps you track your money, make informed spending decisions, and plan for your financial goals.

 

reference: Federal Student Aid – Glossary

Tags:

Budget

What is Budget?

Budget meaning The financial plan for the project or program that the Federal awarding agency or pass-through entity approves during the Federal award process or in subsequent amendments to the Federal award. It may include the Federal and non-Federal share or only the Federal share, as determined by the Federal awarding agency or pass through entity. The approved budget specified in the NoA may be shown in detailed budget categories or as total costs without a categorical breakout. Expenditures charged to an approved budget that consists of both Federal and non-Federal shares are deemed to be borne by the recipient in the same proportion as the percentage of Federal/non-Federal participation in the overall budget.

 

reference: Glossary of NIH Terms

Tags: