Applying for research funding
When applying for funding for research projects, there are some things to consider when it comes to estimating project costs. The type of estimation differs depending on whether the project is intended to run over one or several years.
A budget proposal in an application for funding/grants is generally to include the following:
- Salary costs including a 3% increase for each year
- Cost of employer contributions amounting to 54% of the salary cost
- Operational costs (travel, conferences, literature, material, etc.)
- Indirect costs/overhead (OH), see percentages below. The OH is to be calculated based on all direct costs (salaries + employer contributions + operations). Calculate the total amount and then multiply the amount with the OH percentage below to obtain the amount of Indirect costs/overhead (OH).
- Total OH/indirect costs: 35.05%
Some funders want the OH percentage divided in premises and indirect costs:
- For premises: 5,10%
- For indirect costs: 29,95%
As we cannot predict the OH rates in the future, expect 35% for each year after 2022, if it concerns a multiannual project. For divided OH:
- OH for premises: 6%
- OH for indirect costs: 29%