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Request for Budget Revision

GENERAL GUIDELINES/ APPLICABLE POLICIES :

The guidelines for budget revisions are normally provided in the awarding Federal agency guidelines. If the award is with a State or a private agency, the terms are normally stated in the award document. If the occasion arises when there are no guidelines or regulations covering a particular situation, the Division of Research will obtain the applicable guidelines. In generally the following guidelines apply . A budget plan is the financial expression of the project or program as approved during the award process. It may include both the federal and non-federal share, or only the federal share, depending upon federal awarding agency requirements. The University and the University's sub-recipients are required to report deviations from budget and program plans and request prior approvals for budget and program plan revision s , in accordance with the funding agency guidelines.

PROCEDURES

1. The PI contacts the Grant Administrator (GA) for appropriate guidance on the budget revision policy of the agency. The GA will assist the PI in determining if the revisions require prior approval. If no prior approval is required, the budget revision is prepared by the PI and forwarded to  

2. If prior approval is required, the P.I. prepares the budget revision and the justification letter.  The budget revision must be prepared showing the increase and decrease of funds by line item.  The justification should contain information supporting the need for the budget revision.

3. The OSP reviews the request for accuracy and appropriateness.  It is then sent to the agency for consideration.  Decisions from the agency are forwarded to the PI by the Grant Administrator.

Division of Research & Economic Development, North Carolina A&T State University,
1601 East Market Street, Greensboro, NC 27411

North Carolina A&T State University is a land grant, high research activity institution and AA/EEO employer.

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