The degree to which perceptions and attitudes about the proposal development and funding process can be assessed was studied. The study tried to determine if educational researchers had different perceptions of proposal writing, based upon the degree of experience in proposal development and peer review activities, as well as the sex of the respondent. The results of the study indicated the proposal development and funding perception scale had reasonable psychometric properties. The scale functioned well to assess perceptions toward the process. Many common statements regarding proposal development and the funding process were consistently identified as myths. However, a large number of statements were identified as truths. Perceptions differed according to sex and who had had peer review panel experience. Further research into these attitudes and perceptions is recommended. (DWH)