South Carolina 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

Grant agreement. ?Grant agreement? means a legal instrument of financial assistance between a Federal agency and a non-Federal entity that, consistent with 31 U.S.C.

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.

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.

It serves as a binding document that defines the responsibilities of districts and the state from the determination of the amount of eligible state funding to the reporting of all project funds, including any savings achieved.

Typically, the coordinator or sole applicant signs first, followed by the Commission or agency. In a consortium, beneficiaries other than the coordinator accede to the grant agreement by signing an accession form.

South Carolina Need-Based Grant Complete a FAFSA at FAFSA.gov and be eligible for the Pell Grant. Submit a SC Need-Based Grant Affidavit. Enroll in at lest 6 credit hours.

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South Carolina Grant Agreement