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In this video tutorial, key points for writing a project budget for a grant proposal are discussed, using examples from NNLM Southeastern/Atlantic Region grants. The tutorial emphasizes that while the specifics may vary with different grants, the main objective is to understand the necessary information for budget creation. It outlines various expenses that NNLM grants can cover, such as project personnel, travel, equipment, supplies, publicity, and printing. The video also highlights that grants may impose spending limits on certain expenses, which could be a specific dollar amount or a percentage of the overall project budget.