Oklahoma Terms and Conditions Project Support Grant Agreement

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Multi-State
Control #:
US-ENTREP-0038-4
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Word; 
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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

Include the program's name as described in the applicant's proposal. Grant period and payment schedule. For larger or more complex grants, the amount might be paid in installments. If this is the case, the grant agreement explains when and under what conditions future payments will be made.

A "grant" is a general term for funds that organizations receive that are not expected to be repaid. To receive a grant, organizations must compete for funds by submitting an application and undergoing an evaluation process. Grants may be awarded by state or local agencies, private foundations, or corporations.

The grant agreement defines what activities will be undertaken, the project duration, overall budget, rates and costs, the EU budget's contribution, all rights and obligations and more.

Grants are awards of financial assistance, usually from a governmental agency or foundation, primarily for carrying out a public purpose of support or stimulation. A grant is distinguished from a contract, which is used to acquire property or services for the government's direct benefit or use.

The Agreement includes: this letter ? the Grant schedule (attachment A) ? the Grant terms and conditions (attachment B) ? your application ? the grant opportunity guidelines applicable on the date you submitted your application.

The Grants will consist of awards up to and including $50,000. The Oklahoma School and Campus Safety Security Grant Program is a reimbursement grant, as such, awards will be paid on a reimbursement basis only. Eligible applicants are inclusive of public, private, technical centers and higher education institutions.

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Oklahoma Terms and Conditions Project Support Grant Agreement