Grant Success Rate Calculator Formula
Understand the math behind the grant success rate calculator. Each variable explained with a worked example.
Formulas Used
Success Rate
success_pct = success_rate * 100Total Funding Won
total_funded = grants_funded * avg_grant_amountExpected Future Wins
expected_future_grants = planned_submissions * success_rateExpected Future Funding
expected_future_funding = planned_submissions * success_rate * avg_grant_amountVariables
| Variable | Description | Default |
|---|---|---|
grants_submitted | Grants Submitted | 12 |
grants_funded | Grants Funded | 3 |
avg_grant_amount | Average Grant Amount($) | 50000 |
planned_submissions | Planned Future Submissions | 5 |
success_rate | Derived value= grants_funded / grants_submitted | calculated |
How It Works
How to Calculate Grant Success Rate
Grant success rate is the proportion of submitted proposals that receive funding.
Formula
Success Rate = Grants Funded / Grants Submitted
Expected Future Funding = Planned Submissions x Success Rate x Average Amount
Benchmarks
Improving proposal quality and targeting the right funder can significantly increase your rate.
Worked Example
A researcher submitted 12 grants, won 3, averaging $50,000 each, and plans 5 more submissions.
grants_submitted = 12grants_funded = 3avg_grant_amount = 50000planned_submissions = 5
- 01Success rate: 3 / 12 = 0.25 = 25.0%
- 02Total funded: 3 x $50,000 = $150,000
- 03Expected future wins: 5 x 0.25 = 1.3
- 04Expected future funding: 1.3 x $50,000 = $62,500
Ready to run the numbers?
Open Grant Success Rate Calculator