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The budget narrative, sometimes called the budget justification, is a companion to the budget (table, spreadsheet, or forms).
BUDGET NARRATIVE DEFINITION. A budget narrative explains or justifies the estimated costs by line item or category in the budget. Proper. budget narratives should explain how the costs associated with each line item or category relate to the. implementation of the project as outlined in the proposal being submitted.
What Should a Budget Narrative Include? Descriptions for every line item within the budget. Justifications for expenses related to the proposal or grant application. Elaborations on how indirect costs were estimated. Detailed explanations for the more substantial costs.
BUDGET NARRATIVE DEFINITION. A budget narrative explains or justifies the estimated costs by line item or category in the budget. Proper. budget narratives should explain how the costs associated with each line item or category relate to the. implementation of the project as outlined in the proposal being submitted.
A justification validates the expenses and gives you another opportunity to sell your project. In the simplest of terms, a budget justification is a narrative explanation of the budget \u2013 basically, you are selling your idea to a sponsor for a price.
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The budget narrative, sometimes called the budget justification, is a companion to the budget (table, spreadsheet, or forms).
A budget narrative should outline all of the estimated costs for a project and should provide rationale for the allocation of those costs. The narrative should include a well-written justification that will also help establish credibility and increase the chance of a successful grant application.
The budget narrative is sometimes referred to as the budget justification. The narrative serves two purposes: it explains how the costs were estimated and it justifies the need for the cost. The narrative may include tables for clarification purposes.
A grant narrative is the core of your grant application. You may also see it referred to as the proposal narrative or project narrative depending on the funder. The narrative will help the grantmaker determine if your work deserves to be funded.
A budget narrative should outline all of the estimated costs for a project and should provide rationale for the allocation of those costs. The narrative should include a well-written justification that will also help establish credibility and increase the chance of a successful grant application.

sample budget narrative template