Definitions
New Monies (cash) means requested additional institutional funds that are not already existing in the operating budget.
Budgeted monies (including salaries) means monies from the existing operating budget to be assigned to support the project.
In-Kind (facilities, equipment, etc.) means contributions (such as equipment or materials) or services of recognized value that are offered in lieu of cash to support the project.
Matching indirect costs mean unrecovered indirect costs that are used to satisfy cost-sharing requirements.