How much will this cost?

A drawing of a calculator, money and a hand working on a budget

After considering partnerships, target audience and potential activities, you need to decide what portion of your proposal's total budget to allocate for BI activities. Factors to consider include whether you will require full funding, utilize in-kind funding, or if are you leveraging an existing program.

Questions to consider when developing your budget include:

Let's Play Higher or Lower: Practice developing a budget

Below are three examples of commonly conceived BI activities. For each example there is basic information provided along with a price. When you select either higher or lower, the actual approximate cost with rough budget detail will appear.

These items are meant to be examples to help provide perspective on budgeting for Broader Impacts. See this table for more ideas on BI projects and estimated cost.

 


A panel of speakers in front of a room

Tips for developing a strong budget proposal

In your proposal:
Reviewers will be asking:

 


A student works with soil as part of a science activity

 

Example BI Statement:

Research has shown that early exposure to hands-on science, in both formal and informal learning settings, can enhance learner motivation, investment, and achievement in science (NRC, 2000; NRC 2009). In addition, there is a growing emphasis on having learners engage in the authentic practices of scientists, including data analysis and interpretation (NGSS Lead States, 2013).

What we will do:

BI Activity 1: Expand and contribute to middle school aged youth STEM education and outreach initiatives by partnering with the Cherub Youth Organization (YO). Cherub will receive XXXX dollars to support Cherub staff to plan and implement activities. As the PI, you are budgeting XX amount for your time to participate in the BI.

Cherub serves over 5,000 Hispanic youth in the St. Louis metro area. During their out-of-school programming, Cherub focuses on STEM hands-on learning experiences. The Cherub Education Director, Jane Doe, will serve as a Co-PI (see Letter of Support).

This will support and reflect NSF's Broader Impact goal of Improved STEM education and educator development at any level. This proposed project will provide extensive nanotechnology education and training opportunities for middle school aged youth and Cherub staff and program instructors. Activities include professional development for Cherub staff to provide youth learning events, and Family Science programs.

Budget for materials to implement the hands-on activities for 500 youth annually.

In addition to providing information and hands-on activities materials to implement the hands-on learning, the service learning professional development for the staff, the project PI and graduate students will serve as guest lecturers for these programs sharing more specific information and personal pathways into their careers. These programs will reach over 500 students annually. Efforts focus on STEM literacy, career awareness, and support of the NGSS and informal strands of Science learning.

Creating a defensible BI budget:

Please see example on the left.

 

In addition to yourself, who else will participate in the BI activities? For example, grad students, postdocs, undergraduates or others?

 

How could you leverage existing programs? Which resources can your partner(s) leverage?

  Target Audiences How is my research relevant to society?