How much does it cost to hire a grant writer?
Grant writing can be a time-consuming and complex process, and many organizations opt to hire a grant writer to help them secure funding. However, the cost of hiring a grant writer can vary widely depending on a number of factors.
First, it’s important to understand that grant writers can charge in a number of ways. Some may charge by the hour, while others may charge a flat fee per project. It is considered unethical for grant writers to charge a percentage of the grant amount secured.
Grant writers’ hourly rates can vary widely based on their experience. We have seen them range from $50 an hour to $150 an hour. And knowing the hourly rate is only one part of the equation of how much it costs to hire a grant writer. Chances are that writers who charge more per hour also work faster and more efficiently.
In addition to the grant writer’s fee, there may be other costs associated with hiring a grant writer. For example, some grant writers charge a retainer fee, which is a non-refundable fee paid upfront that secures their services. Other grant writers may charge for expenses such as travel, printing, or postage. To keep things simple at our company, we only charge for our time.
Another factor that can impact the cost of hiring a grant writer is the complexity of the grant application. Grants that require extensive research, multiple rounds of revisions, or a particularly detailed proposal may require more time and effort from the grant writer, which can drive up the cost.
The type of grant also impacts the cost of hiring a grant writer. For example, a small grant from a local organization may only require a few hours of work. Thus, this would be relatively inexpensive. On the other hand, a large federal grant with a complex application process and strict guidelines may require significantly more time and effort from the grant writer. This can bring the cost up significantly.
Establish a scope of work
One way to manage the cost of hiring a grant writer is to work with the grant writer to establish a clear scope of work and budget upfront. This can help ensure that everyone is on the same page about the work, how much it will cost, and when payment is due. It can also help avoid any surprises or unexpected expenses down the line.
In conclusion, the cost of hiring a grant writer can vary widely depending on a number of factors, including the grant writer’s fee structure, the complexity of the grant application, and the type of grant being applied for. While there is no one-size-fits-all answer to how much it costs to hire a grant writer, organizations can work with grant writers to establish a clear scope of work and budget upfront to ensure that the process is as efficient and cost-effective as possible.
Any professional grant writer will be willing to give you a price estimate up front that breaks down the associated fees. This way, you can make sure the project is within your budget. And, there will be no surprises with the invoice.
Learn more about our grant writing services here.