Budget Templates
The budget templates below reflect the changes to the Modified Total Direct Cost Calculation that will be effective in FY26. This includes a new indirect cost rate for Organized Research of 68.5% and a change in the equipment and subcontract IDC thresholds: equipment costs will be excluded from the IDC calculation if they are less than or equal to $10,000 and only the first $50,000 of each subagreement will be assessed indirect costs. These templates should be used for proposals with an anticipated start date on or after July 1, 2025.
NSF Federal Internal Budget (FY26)
This NSF Federal Internal Budget (FY26) template is formulated for Modified Total Direct Costs (MTDC) on NSF budgets and is formatted for easy entry into the NSF budget form pages.
NIH Federal Internal Budget (FY26)
This NIH Federal Internal Budget (FY26) template is formulated for Modified Total Direct Costs (MTDC) on NIH "R&R" detailed budgets and is formatted for easy entry into the R&R budget pages.
Other Federal Internal Budget (FY26)
This Federal Internal Budget (FY26) template contains commonly used expense types and automatically calculates fringe and overhead rates. It is formulated for Modified Total Direct Costs (MTDC).
Non-Federal Internal Budget (FY26)
This Non-Federal Internal Budget (FY26) template contains commonly used expense types and automatically calculates fringe and overhead rates. Non-federal sponsor rates should be calculated on Total Direct Costs. See also: FAS and SEAS Policy on Assessments.