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How to Create and Submit a Revised Budget

How to prepare a revised budget:

1. Click the on link titled "Proposals, Awards, & Status"(found on the left hand-side of the web page) http://www.fastlane.nsf.gov.

2. Enter your login information into the "PI/Co-PI Login" box and click on the "Login" button.

3. Click on the link titled "Proposal Functions".

4. Click on the link titled "Revised Submitted Proposal Budget".

5. Highlight your proposal and click the "View" button.

6. The next page is titled "Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget". Click the radio button next to "Edit the Budget" and click the "OK" button.

7. The next page is titled `Project Budget´. On this page, you can enter/upload your "Budget Impact Statement" (this is where you would place your "revised" budget justification and updated milestone chart reflecting the budget change) by clicking the button titled "Budget Impact Statement".

8. In order to Edit your budget, click the Add Year button. If Year One already appears to be created on the following screen click the "Go Back" button. Otherwise, select Year One from the list and click "Add".

9. Year One will now appear under the Year column next to the organization name. To edit the budget for Year One click the "Funds" link.

10. The Year One budget will then display on the screen and allows you to make any changes that are needed. Click on the "Calculate and Save"button to save the changes to this year.

11. Repeat steps 8 -10 to create additional years. If you wish to add a subcontract budget, follow the directions below titled "How to Add a Subcontract Budget to the Revised Budget."

How to Add a Subcontract Budget to the Revised Budget:

1. Go back to the "Project Budget"screen and click on the link titled "Add Another Organization".

2. Type in a couple of characters of the subcontract organization's name. Set the radio button to "Contains" and click on the "Search by name" button. If you know the new organization's DUNS number you may also search by DUNS.

3. On the next screen, the results of your search will appear. Select the organization's name and click the "Select" button.

4. On the next screen, select your Subcontractor PI by highlighting the individual's name and clicking on the "Select Subcontrac PI" button. If the person you wish to designate (as the subcontract PI) is not in your list, follow the directions below called "How to add an individual as a Senior Personnel."

5. Click the "OK" button.

6. The subcontract organization's name will now appear on the "Project Budget" screen under your organization's name. To edit the subcontract organization's budget, refer to steps 7-11 of the section entitled, "How to Prepare a Revised Budget".

How to add an individual as a Senior Personnel:

1. Go back to the screen titled "Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget".

2. Click the radio button next to "Add/Delete Senior Personnel".

3. Type in the individual's name and click on the "Add Non Co-PI Senior Person to Proposal" button. Repeat if necessary.

How to Change the Subcontract PI of the Budget:

1. Go back to the page titled "Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget". Click the radio button next to "Edit the Budget" and click the "OK" button.

2. Highlight the organization that needs the subcontract PI changed and click on the "Change SubContract PI" button.

3. On the next screen, select your Subcontract PI by highlighting the individual's name and clicking on the "Select Subcontract PI" button. If the person you wish to designate (as the subcontract PI) is not in your list, follow the directions above called "How to add an individual as a Senior Personnel."

How to submit a revised budget:

1.Go back to the page titled "Principal Investigator (PI)/Co-Principal Investigator (Co-PI) Proposal Revised Budget". Click the radio button next to "Forward Budget Revision to Sponsored Research Office (S R O)" and click the "OK" button.

2. Click on the "Forward" button.

3. The SRO/Fastlane Contact should go back to the Fastlane Homepage and click on the link titled Research Administration (www.fastlane.nsf.gov).

4. They should then enter their login information into the Research Administration box and click on the "Login" button.

5. Click the "Go" button titled Administer Revised Budgets.

6. Highlight the budget under the Forwarded Revised Budgets box and click the "Submit" button.

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National Science Foundation Engineering (ENG)
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Last Updated:
Jul 10, 2008
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Last Updated: Jul 10, 2008