Abstract: Generally speaking, systems, methods and media for management of grid computing resources based on service level requirements are disclosed. Embodiments of a method for scheduling a task on a grid computing system may include updating a job model by determining currently requested tasks and projecting future task submissions and updating a resource model by determining currently available resources and projecting future resource availability. The method may also include updating a financial model based on the job model, resource model, and one or more service level requirements of an SLA associated with the task, where the financial model includes an indication of costs of a task based on the service level requirements. The method may also include scheduling performance of the task based on the updated financial model and determining whether the scheduled performance satisfies the service level requirements of the task and, if not, performing a remedial action.