diff --git a/applications/application-template.md b/applications/application-template.md
index 96a94c70073..a767919f40c 100644
--- a/applications/application-template.md
+++ b/applications/application-template.md
@@ -115,8 +115,8 @@ To assist you in defining it, we have created a document with examples for some
 ### Overview
 
 * **Total Estimated Duration:** Duration of the whole project (e.g. 2 months)
-* **Full-Time Equivalent (FTE):**  Required workload of a full-time employee for the whole project (see [Wikipedia](https://en.wikipedia.org/wiki/Full-time_equivalent)) (e.g. 2 FTE)
-* **Total Costs:** Amount of payment in USD for the whole project. The total amount of funding _needs to be below $30k for initial grants_ and $100k for follow-up grants. This and the costs for each milestone need to be in USD; if the grant is paid out in Bitcoin, the amount will be calculated according to the exchange rate at the time of payment. (e.g. 12,000 USD)
+* **Full-Time Equivalent (FTE):**  Average number of full-time employees working on the project throughout its duration (see [Wikipedia](https://en.wikipedia.org/wiki/Full-time_equivalent), e.g. 2 FTE)
+* **Total Costs:** Amount of payment in USD for the whole project. The total amount of funding _needs to be below $30k for initial grants_ and $100k for follow-up grants. (e.g. 12,000 USD). This and the costs for each milestone need to be in USD; if the grant is paid out in Bitcoin, the amount will be calculated according to the exchange rate at the time of payment.
 
 ### Milestone 1 Example — Implement Substrate Modules