Re-Budgeting

image:  calculator on top of money

Background

Re-budgeting is the transfer of funds from one budget category (e.g., salaries, supplies, travel, equipment) to another. The total amount of the award does not change, but budget categories may be increased or decreased.

NYU Approach

  • For Federal grants, the Research Terms and Conditions Prior Approval Matrix and New York University's (NYU's) Institutional Prior Approval System (PAS) for the Management of Federal Grants (click here for instructions and click here for the Request for OSP Action form), provides guidance on re-budgeting and prior approval requirements. For both institutional and sponsor approval, the request must be submitted using NYU's Prior Approval System.
  • For cooperative agreements, contracts and non-Federal awards (i.e., Foundation and Industry awards), refer to sponsor regulations and the terms and conditions of the award for re-budgeting and prior approval requirements.

Frequently Asked Questions