FY27 TRAIN Budget Worksheet.xlsx

This is a FY27 TRAIN Grant Budget Worksheet for the Training Resources and Internships Networks (TRAIN) Grant program administered by the Massachusetts Department of Higher Education. The worksheet serves as the budget submission template for institutions applying for grant funding designed to address skills-development needs of long-term unemployed, underemployed, and new entrant adults seeking workforce readiness training and industry-specific skills and credentials to support job placement. The budget template is organized into multiple expense categories including salaries (administrative support staff, instructional/professional, and other), payroll tax and fringe benefits, indirect costs, travel, supplies and materials (curriculum books, class supplements), subcontracts (faculty presenters, consultants), tuition and fees, equipment (tablets, computers, trade tools), food, transportation, and miscellaneous other expenses. Applicants must enter requested and matching funds in designated white cells, with automatic tabulation occurring in embedded formula cells.

Payroll tax and fringe benefit costs for state entities applying for these grants must align with rates established by the Massachusetts State Comptroller, with the FY27 payroll tax rate set at 2.21% and the fringe rate at 35.60%, subject to change upon finalization. Indirect costs are allowable up to 10 percent of the total grant award, with the program funded by state appropriation; applicants transferring funds to awardees via child accounts in MMARS should charge overhead expenses to this funding source up to the dollar value equivalent to the applicable indirect rate. All submissions require an authorizing signature and date before submission, along with detailed expense narratives for each budget line item.