This 60-minute Faculty Development workshop covers elements to consider when developing a grant budget; inflation, allowable and not allowable costs, key personnel vs. consultants, patient care costs, direct and indirect costs as it pertains to key personnel. Also addressed are issues a PI needs to consider, example of how a PI should write a budget, budget a supply, on a fee basis, etc. Facilitators: Israel Ramirez, Director, Office of Contracts & Grants, Dorothy Lewis, PhD, Manager, Faculty Development.