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The grant will provide funds for up to 4 years. Do I need to submit budgets for each project year?

budgets funds project submit year
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The grant will provide funds for up to 4 years. Do I need to submit budgets for each project year?

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Yes. For each 12-month project period, a set of two detailed budgets is required—a total of eight detailed budgets: one set for Elements One, Two, and Three and the second set for Elements Four and Five. You also need to submit with the application an ED Form 524 “Budget Information Non-Construction Programs” which summarizes the total costs of both budgets for each of the four 12-month budget periods.

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