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Grant Glossary

The Anatomy of a Grant

Terms You Need to Know & Understand

Abstract

Summary of the proposal which includes the project goal, desired objectives and outcome(s), population(s) to be served, amount requested, etc.

Problem/Need (Why?)

Description of the problem you want to solve through the proposed project. At NCTC, the problem should be stated in terms of student needs. A problem is not a lack of something, such as computers, but rather the consequence of not having computers. For example: "Ninety percent of accountants employed by accounting firms utilize the software program known as TAXCHEAT, which requires a Pentium PC for execution. Therefore, NCTC accounting majors are graduating and entering the workplace unprepared for their jobs because the aging computers currently available at the College are incompatible with the preferred software."

Goal/Objectives (What?)

List the outcomes your project will achieve for each objective. Usually, there is a single goal (broad statement about what your project will accomplish) and a few objectives (statements about measurable achievements or anticipated outcomes). For example, your goal might be: "This project will better prepare graduating accounting majors for the workplace." An objective might be: "To increase the number of students who can effectively use TAXCHEAT by 95%," or "To enhance the employability of graduating accounting majors by 50%."

Methods (How? Who?)

Description of the activities that must take place to achieve the objectives and outcomes you've defined, and who will carry out or participate in those activities.

Timeline (When?)

Schedule of activities mentioned in methods section. Typically, a timetable or timeline is constructed, with achievements, outcomes, or specific deliverables listed for each semester, quarter, or month of the grant period.

Evaluation

Description of how you will evaluate or assess whether the project's goal and objectives/outcomes have been achieved.

Budget

The grant proposal's budget is really a numerical rendering of the project narrative. Every major item mentioned in the budget should appear somewhere in the narrative (and vice-versa). When space allows, you should provide a Budget Detail or Budget Justification.