Georgia Grant Agreement

State:
Multi-State
Control #:
US-ENTREP-0038-2
Format:
Word; 
Rich Text
Instant download

Description

Grant agreement is a legal instrument of financial assistance between a Federal awarding agency or pass-through entity and a non-Federal entity. The Grant Agreementis a written document memorializing the terms and conditions of an Award granted pursuant to the Plan and shall incorporate the terms of the Plan.
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FAQ

Pass-Through Funding. Funds issued by a federal agency to a state agency or institution that are then transferred to other state agencies, units of local government, or other eligible groups per the award eligibility terms.

A grant is a sum of money given to an individual, business, or organization that does not need to be repaid.

For the United States of America's NIH and NSF, a grant is a contractual agreement for work that will be done, with payments in anticipation of the work. An award is the actual funds. This description of the NIH Notice of Award and this one from NSF may illustrate the distinction.

Subgrant means an award of financial assistance in the form of money, or property in lieu of money, made under a grant by a grantee to an eligible subgrantee.

through grant, sometimes known as passthrough funding or passthrough payment, is a federal grant that awards funds to state governments, which then distribute subawards to local offices and organizations, including counties, cities, towns, and native organizations.

? Award ceiling and floor. This tells you the lowest and highest grant. budgets you can submit.

A Grant Agreement is a class of contract which provides the transfer of cash or something of value to a recipient to support a public purpose authorized by law. Grant agreements are different from other contracts in many keyways.

Grants.gov is designed to enable federal grant-making agencies to create funding opportunities and applicants to find and apply for these federal grants. The Grants.gov Online Help provides explanations and step-by-step instructions for both applicants and grantors to complete these processes.

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Georgia Grant Agreement