Nevada 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

Nevada State Access Grant Funded from both state and institutional sources, these grants are awarded on a first-come, first-served basis to both undergraduate and graduate students eligible to receive Federal Student Aid with a Pell-eligible EFC based on their FAFSA®.

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.

If the purpose is to acquire property or services for the direct benefit or use of the federal government, the agency is to use a procurement contract; if the purpose is to stimulate or support an activity that serves a public purpose, the agency is to use a grant or cooperative agreement.

It is essential that you closely review both the grant agreement and the terms and conditions to confirm that your organization concurs with all of the information in the grant agreement. Make note of any significant concerns, questions, or mistakes in the grant agreement, including the terms and conditions.

In addition to standard terms describing grant amounts and purposes, agreements also include provisions regarding intellectual property rights, reporting requirements, and indemnification, among other subjects. Special provisions are included that deal with international philanthropy.

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.

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Nevada Grant Agreement