Revising a budget
To successfully submit a revised budget request to NSF, both a project’s PI and sponsored research officer must send in the revision.
All revised budget requests must include a Revised Budget Justification, which you can upload or enter using the Budget Impact Statement module (step #10 in the instructions that follow).
How to prepare a revised budget
- On the FastLane website, click the
Proposals, Awards, & Status
link (left-hand side of the page). - Enter your login information into the
PI/Co-PI Login
field and log in. - Click the
Proposal Functions
link. - Click the
Revised Submitted Proposal Budget
link. - Highlight your proposal and click the
View
button. - You’ll be taken to the
Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget
page. Click the radio button next toEdit the Budget
and then click OK. Year One
will appear under the Year column next to the organization name. To edit the budget for year one, clickFunds
.- The year one budget will display onscreen, and you’ll be able to make any changes you need to. Once you’ve made your changes, click
Calculate and Save
. - Repeat steps seven and eight to revise additional years’ budgets, if needed.
- Now you need to upload your new or revised Budget Justification. From the main
Project Budget
page, upload your entire revised budget justification (including supporting documentation) using theBudget Impact Statement
module.
At this point, you still haven’t submitted your budget to NSF. Please read the instructions on “How to submit a revised budget” to learn how to complete the process.
How to submit a revised budget
Please note that the SRO (and no one else) must submit the revised budget.
- Return to the
Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget
page and select the radio button next toForward Budget Revision to Sponsored Research Office (SRO)
. Click OK. - Click
Forward
. - Return to the [FastLane homepage]((https://www.fastlane.nsf.gov) and click on the
Research Administration
link. - Enter your login information into the
Research Administration
field and log in. - Click
Forwarded/Submitted Revised budget
. - Highlight the budget under the Forwarded Revised Budgets box and click
Submit
.
How to add a subaward budget to the revised budget
- Return to the
Project Budget
screen and clickAdd Another Organization
. - In the blank field, type the first few characters of the subaward organization’s name. Set the radio button to
Contains
and selectSearch by Name
. - The next screen will display your search results. Select the organization’s name and click
Select
. - On the next screen, select your subawardee PI by highlighting their name and clicking
Select Subcontract PI
. If the name of the person you’d like to designate as the subaward PI isn’t in your list, follow the directions underHow to add an individual as a Senior Personnel
(which appears later on this page). - Click
OK
. - The subaward organization’s name will now appear on the
Project Budget
screen under your organization’s name. To edit the subaward organization’s budget, refer toHow to Prepare a Revised Budget
.
How to change the budget’s subaward PI
- Return to the
Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget
page and select theEdit the Budget
radio button. ClickOK
. - Highlight the organization that needs the subaward PI changed and click
Change SubContract PI
. - On the next screen, select your subaward PI by highlighting their name and clicking
Select Subcontract PI
. If the name of the person you’d like to designate as the subaward PI isn’t in your list, follow the directions underHow to add an individual as a Senior Personnel
.
How to add an individual as senior personnel
- Return to the
Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget
screen. - Select the radio button next to
Add/Delete Senior Personnel
. - Enter the person’s name and select
Add Non Co-PI Senior Person to Proposal
. Repeat if necessary.