Example of Budget
ANNUAL BUDGET (EXAMPLE) |
|
EXPENSES |
J1 PRINCIPAL |
J2 DEPENDENT(S) |
FAMILY TOTAL |
|
University tuition & fees |
$4,751.00
|
-- |
$4,751.00 |
|
Books and Supplies |
500.00 |
-- |
500.00 |
|
Rent (including utilities) |
1,356.00 |
2,712.00 |
4,068.00 |
|
Living Expenses |
|
-Food |
1,200.00 |
2,400.00 |
3,600.00
|
|
-Telephone |
300.00 |
300.00 |
600.00
|
|
Vehicle Expenses
|
|
-Gas |
360.00 |
360.00 |
720.00 |
|
-Maintenance |
300.00 |
300.00 |
600.00 |
|
-Insurance |
164.00 |
164.00 |
328.00 |
|
Health Insurance
|
125.00 |
125.00 |
250.00 |
|
Miscellaneous |
|
-(clothing, recreation, etc.) |
500.00 |
1,500.00 |
2,000.00 |
|
|
|
SUBTOTAL |
$9,556.00 |
$7,861.00 |
$17,417.00
|
|
|
|
INCOME |
|
Research Assistantship |
$10,095.00 |
-- |
$10,095.00 |
|
Personal Funds |
1,000.00 |
1,000.00 |
2,000.00 |
|
TOTAL |
$11,095.00 |
$1,000.00 |
$12,095.00
|
|
|
|
Deficit (or remainder) |
+1,539.00 |
-6,861.00 |
-5,322.00
|
|
|
|
TOTAL DEFICIT: $5,322.00 |