diff --git a/src/grants/cpu_with_programmable_decoder.md b/src/grants/cpu_with_programmable_decoder.md
index 4c0a339..32e1add 100644
--- a/src/grants/cpu_with_programmable_decoder.md
+++ b/src/grants/cpu_with_programmable_decoder.md
@@ -35,7 +35,7 @@ Libre-Chip is currently funded by NLnet for <https://nlnet.nl/project/Libre-Chip
 
 We are requesting more than &euro;50000 based on Jacob Lifshay having previously completed a grant as part of Libre-SoC. If that is not allowed, we can adjust our budget down by removing some tasks, and possibly by not implementing as much of the custom compiler, leaving some of it as future work.
 
-We're aiming for a rate of $69305.60/yr per person which is rate used in our grant application for <https://nlnet.nl/project/Libre-Chip-proof/>
+We're aiming for a FTE rate of $69305.60/yr per person which is rate used in our grant application for <https://nlnet.nl/project/Libre-Chip-proof/>
 
 Estimated Budget: