Some sponsors allow considerable latitude to the project director in changing original categories. Others require authorization from the agency for changes.
Most agencies have restrictions on equipment and travel.
Major Categories Personnel Salary and fringe benefits. On and off campus salaries must be specified because different overhead rates are sometimes charged. Fringe benefits are budgeted as an estimated percentage of salaries, but are charged directly as an actual expense. An equipment fabrication account is used when an award calls for the assembly of many parts into one system. It is also important to identify these charges for inventory purposes.