a sum of money given to an institution, group, or individual for a specific purpose, such as for scientific research; as, he got a million-dollar grant from the National Institutes of Health to study cancer.
A sum of money paid in the form of a gift to finance a particular project, such as a book.
An agreement between the Federal Government and a State or local government whereby the Federal Government provides funds or aid in kind to carry out specified programs.
A legal instrument that provides financial assistance in the form of money or property to an eligible recipient. The term includes cooperative agreements but it does not apply to technical assistance which provides services instead of money, or other assistance in the form of revenue sharing, loans, loan guarantees, interest subsidies, insurance, or direct appropriations. The term does not include fellowships or other lump sum awards, for which the recipient is not required to provide a financial accounting.
A transfer payment to an individual or organization that is not subject to being accounted for or audited. Eligibility and entitlement for a grant may be verified or the recipient may need to meet pre-conditions. However, the government does not expect to receive any goods or services directly in return, to be repaid, or to receive a financial return, if the individual or organization meets all eligibility or other entitlement requirements. ABC does not issue grants.
Gift aid programs that require neither repayment nor a work obligation from students. Federal Title IV grant programs are the Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), and State Student Incentive Grant (SSIG). See individual grant program names.
Provision of funds by a donor which do not require reimbursement from the recipient government.
A financial allocation from a foundation, corporation, or government agency to support a program or institution.
Money given to a business that does not need to be repaid.
Grants are financial aid you do not have to pay back and are usually for students who have financial need. The largest Maryland State grant program is the Educational Assistance Grant. The largest federal grant program is the Federal Pell Grant.
A financial award that is given to assist with payment of tuition, room and board expenses. A grant is awarded without requirement or expectation of repayment.
Maintained Schools State schools in England and Wales which were funded by central government through the Funding Agency for Schools.
Funding for a nonprofit organization, usually for a specific project. Also, to give a right to. see also extension, license, patent, revocation, trading authorization.
Transfer payment issued when the government chooses to pursue a policy or implement a program by providing funds to individuals or organizations. The eligibility criteria and the applications received prior to payment are sufficient guarantee that the objectives for the payment will be met. Under the APC program, an organization that receives a grant is still required to submit a final report together with a financial statement.
Agreement: A contract entered into by a grantee and a grantor. Typically based on the RFP and the application submitted by the grantee, the grant agreement commits the grantee to carry out certain activities, within a stipulated time frame, for a specific amount of money. The grant agreement often refers to or incorporates regulations that govern the use of grant funds. It is important to note that the grant agreement may include more restrictive conditions than were expected by the grantee or are required by law. The grant agreement may also be for less money than originally sought.
Financial aid that does not have to be repaid. Financial aid grants can take the form of tuition assistance paid directly to the College on your behalf or a direct disbursement of money to you to help to cover other educational or living expenses. Grants can be awarded on the basis of financial need or academic merit.
Financial support provided for research study designed and proposed by the principal investigator(s). The granting agency exercises no direct control over the conduct of approved research supported by a grant. (Compare: Contract.)
A sum of money awarded to a student by the federal government, the state of Texas or UTMB to help meet a part of the expenses of graduate or professional school. The amount of the grant is typically determined by the financial need of the student. A grant is a gift and will not have to be repaid.
A cash donation from government in order to act as an incentive to encourage prescribed action.
A grant is a non-repayable gift aid based upon financial need. Available grants include the Ohio Instructional Grant, the Ohio Part-Time Grant, the Federal Pell Grant, and the Federal Supplemental Educational Opportunity Grant.
The issuance of an award under a stock plan, such as a stock option or shares of restricted stock.
A document of agreement between the sponsor and the university to carry out approved activities. A grant is used whenever the sponsor anticipates no substantial programmatic involvement with the university during the performance of the activities. Examples of grants are; continuing, consortium, demonstration, formula, project, capitation, conference, construction, consultation and education, continuing education, facilities assistance, fellowship, financial distress, planning and research.
Grant is an award of funds to a person or organization to fund charitable activities whose purpose is to solve local, regional, or national problems. (A complete, useful and comprehensive glossary on Grants may be found at http://www.polarisgrants.org/glossaryterms/; complete information about funding on this website).
Means, collectively, the Award of funds by the Foundation to a NFWF Recipient to be used to complete a specific Project.
A legal instrument used to enter into a relationship, the principal purpose of which is to transfer a thing of value to the recipient to carry out a public purpose of support or stimulation authorized by a law of the United States, rather than to acquire property or services for the Department of Defense's direct benefit or use. Further, it is a relationship in which substantial involvement is not expected between the Department of Defense and the recipient when carrying out the activity contemplated by the grant. (Reference: DODGARs -- gives information on DoD policies for awarding and administering grants, cooperative agreements, and certain other assistance and nonprocurement agreements.)
A financial aid award that does not have to be repaid. Grants are available through the federal government, state agencies, colleges, and universities.
A grant is the funding mechanism used by the Federal Government when the principal purpose of the transaction is the transfer of money, property, services, or anything of value to accomplish a public purpose of support or stimulation authorized by Federal statute. The primary beneficiary under a grant or cooperative agreement is the public, as opposed to the Federal Government.
a grant is a sum of money given to services, organisations or individuals for a specific purpose to achieve goals and objectives. In a strict legal sense, a grant is a "gift" from the Crown, which may, or may not, be subject to unilaterally imposed conditions. The term is more generally used to include any funding arrangement where the recipient is selected on merit against a set of criteria.
A kind of financial aid awarded to an institution or a person for a specific purpose. An example would be a federal grant for environmental clean up. You don't have to repay a grant.
A gift from an individual or organization, usually given through a competitive process. Grantees typically sign a contract with the proposed grantor guaranteeing grant funds will be used in an agreed upon manner.
bestow, especially officially; "grant a degree"; "give a divorce"; "This bill grants us new rights"
a contract under which a party (such as a government) gives a specified amount of money to a another party (such as a nonprofit organization) with conditions to which both parties agree
a direct financial contribution from the European Commission to support a specific action or project of a non-commercial nature, to cover eligible costs directly incurred by the beneficiaries
a direct financial contribution made without expectation of repayment but with very specific expectations about outcomes
a donation of money or property from a sponsor in exchange for specific services such as, but not limited to, research, development, or service projects
a financial assistance (including cooperative agreements) in the form of money, or property in lieu of money, by the Federal government to an eligible recipient
a financial assistance mechanism through which money and/or direct assistance is provided to carry out approved activities
a financial award given in special circumstances, on the basis of need, which you do not have to pay back
a financial mechanism for providing discretionary funds and/or direct assistance to carry out approved research activities
a form of aid based on need
a form of financial assistance that is awarded to an organization with a successful application for a particular project in conjunction with an approved proposal
a form of financial assistance, which is non-repayable unlike a loan or venture capital
a form of funding that does not have to be repaid
a funding award that does not have to be repaid Degree
a gift, allows researchers to do as you wish
a gift and does not need to be repaid
a gift, bestowed in exchange for the artist's gift
a gift for which no repayment is required
a gift given usually on the basis of financial need
a gift of aid for which the amount and requirements are determined by the donor
a gift that does not have to be repaid
a gift that does not require repayment as long as eligibility remains based on financial need, academic achievement, etc
a gift that is based on the financial need of your family
a gift to an individual for the particular purpose of pursuing higher education
a Government money that you never have The government gives away billions of dollars each year
a lump sum given to you, usually on the basis of need
a monetary award provided to an organization or an individual to allow for work on a specific project
a monetary gift to qualified undergraduate students, primarily with the most financial need
an amount of money given by the government for a certain purpose
an amount of money that is given directly to you, for free, in a specific dollar amount, in order to pay for specific expenditures or obligations
an assistance mechanism, and a contract is a mechanism for acquiring services, supplies or research for the direct benefit and use of the government
an award Department of Business and Professional Regulation
an award of funds by a sponsor to achieve some general or specific purpose
an award of funds or property based on an approved budget or formula in support of a project or program
an award one is not required to pay back
an award you do not repay
a non-repayable form of assistance
a non-repayable monetary award based on financial need as determined by the office or agency mentioned in the award
a non-repayable sum of money awarded by your Local Education Authority / Student Loans Company
an outright award for a specific project
a subsidy that government agencies, large corporations and other organizations award to people and/or businesses for a specific purpose
a sum of money awarded to a state or local government or nonprofit organization
a sum of money conditionally given to your business, which you do not have to repay
a sum of money given to an individual or business for a specific project or purpose
a sum of money given to individuals or business for specific reasons
a sum of money given to LOCAL GOVERNMENT by the STATE or FEDERAL GOVERNMENT for special projects such as building bitumen sealed community roads
a sum of money that is used for a specific purpose
a sum of money that you do not have to pay back
a sum of money which is made available to an individual or institution in order to advance the goals and purposes of the organization making the money available
a sum of money, which the student receives for a period of six months to one year, dependant upon the foundation that supplies it
a token gift in recognition of financial need and service to the PTA, school and community
a transfer of money usually from a non-profit agency or government agency to another non-profit or government agency
a type of gift aid that does not require repayment, except when a student withdraws
a type of need-based aid as determined by the FAFSA that does not require repayment
money for a specific research purpose.
cash transfers for which the recipient incurs no legal debt.
Gift aid awarded to a student on the basis of financial need. See the Grants page for more information.
A contribution of money made by the Toronto Community Foundation to a qualified donee (please see below) such as a registered charitable organization to accomplish a specific or general purpose.
Contributions or gifts of cash or other assets from another entity to be used or expended for a specific purpose, activity or facility. An example is the Community Development Block Grant given by the Federal Government.
The method of transferring property, money, services, or anything of value to a recipient in order to accomplish a public purpose authorized by statue when the agency is not anticipated to be substantially involved in performing the activity.
Gift aid which does not have to be repaid.
Financial assistance provided, not as a loan, for implementation of viable natural resource management proposals.
a monetary gift awarded on the basis of need.
Money given to a qualified nonprofit organization for charitable purposes
a payment made in accordance with established eligibility criteria for which the government does not directly receive goods or services, and for which no contractual requirements or achievement of performance conditions exist that the recipient must meet. 4.3.14
Financial aid that does not need to be repaid.
A sum of money given by government for any of various purposes.
A form of gift aid requiring no repayment.
An award of funds to a charitable organization. Donor-advised funds under the Harris Charitable Giving Fund Program and the myCFO Charitable Fund Program permit donors to recommend that grants be awarded to charitable or educational organizations selected by the donors. The Foundation then reviews the recommendations and, if approved, awards the grant to the recipient charitable organization.
A financial aid award that is usually based on financial need and usually does not have to be repaid.
Generally a direct transfer of money. Relative to rehabilitation and/or preservation work, an owner may receive money in exchange for satisfying a set of conditions of work on his or her property.
a sum of money that is transferred from an awarding body to a project.
As used by the Schwab Fund for Charitable Giving, this term refers to an award of funds to a public charity or private operating foundation.
A grant is a gift awarded to a recipient based on financial need. Unlike a loan, grants and scholarships are not repaid.
Money provided by an outside group to a person or agency for a specific program or purpose. Applying for a grant is a competitive process that involves detailed explanations of why there is a need for the money and how it will be spent.
A monetary award given to a student to help pay college expenses. Grants are not repaid by the student.
Financial aid that doesn't need to be repaid, based on financial need.
Assistance to an organization to carry out its activities as opposed to the acquisition of services for USAID or a host country which need not be repaid. (Term also describes a funding instrument for programs of an institution or organizations, e.g., International Executive Service Corps or an international agricultural research center.)
a payment made to an organization, which is not subject to an audit but for which the recipient will be required to offer a final report upon completion of project activities.
A monthly payment by the government to a poor person, similar to a pension. There are different kinds of grants for people who have different needs.
To bestow or confer, with or without compensation, a gift such as land or money by one having control or authority over the gift.
a financial aid award, usually based on financial need, to help pay the cost of higher education. A grant generally does not have to be repaid.
Money that does not need to be repaid; grants to home buyers may be available from government agencies, including affordable housing programs, or private foundations and nonprofits.
A grant is a funding instrument used by the Government to accomplish a public purpose of support or stimulation authorized by Federal statute. The objective of a NASA grant is the general enhancement of the field of scientific and technical programs of interest to NASA. The recipient of the grant is an institution, not the Principal Investigator (PI), although the PI is responsible for the conduct of the project. No substantial technical involvement is expected between NASA and the recipient, nor does the Government direct the research by the PI. A grant is usually funded on a yearly basis, and the deliverables expected from a grantee are Annual Progress Reports and a Final Progress Report. Grants with nonprofit organizations are managed by a NASA Grants Officer following the policies set forth in the Grant And Cooperative Agreement Handbook.
A sum of money given to a person or organisation for a special purpose or project.
Money awarded to a student based on financial need. Grants may come from state, federal, or school funds, and do not have to be repaid.
is a transfer payment made to an organization which is not subject to being accounted for or audited but for which eligibility and entitlement may be verified or for which the recipient may need to meet pre-conditions.
Financial aid awards that do not need to be repaid.
A grant (or contract) is an agreement formalizing the transfer of money or property from a sponsor in exchange for specified services (e.g., research and development), sometimes including proprietary rights to and products derived from the services, and including financial and/or technical reporting by the recipient as to the actual use of the money or results. The agreement is enforceable by law, and performance is usually to be accomplished within a specified time frame, with payment being subject to revocation for cause.
Awards to a student based on financial need that do not have to be repaid.
The award of government funds to an entity. Federal funds are typically awarded either as formula (or ÒblockÓ) grants, where a predetermined legislative process establishes the level of funding available to an entity, or discretionary grants, where the funding agency is free to determine how much (if any) funding an entity will be given based on the relative merits of the proposal. Private foundations also give grants based on their own criteria.
An award to an organization that is made to support its charitable activities.
Need-based financial aid requiring no repayment.
An outright award to the student, usually based on financial need. This money does not have to be repaid.
Financial assistance mechanism providing money, property, or both to an eligible entity to carry out an approved project or activity. A grant is used whenever the NIH IC anticipates no substantial programmatic involvement with the recipient during performance of the financially assisted activities.
1. A financial need-based form of government assistance that is usually administered in conjunction with the federal and provincial student loan programs (e.g., Canada Study Grant for Students With Dependent Children, Canada Study Grant for Female Doctoral Students, Canada Study Grant for Students with Disabilities, etc.). 2. A grant awarded to graduate students and professors by private and government agencies, or by industry, to fund research activities at the university.
A transfer from a donor to a recipient that does not require repayments from the recipient.
A non-repayable sum of money that is given based primarily on financial need, but academic achievement may also be considered. Usually, official documentation describing your financial situation is required when applying.
Type of award under which NSF agrees to provide a specific level of support for an initial specified period of time, with a statement of intent to provide additional support of the project for additional periods provided funds are available and the results achieved warrant further support.
Funds, which do not require repayment, awarded for college expenses to qualified students in financial need.
An award of financial assistance the principal purpose of which is to transfer a thing of value from a Federal/State agency to a recipient to carry out a public purpose.
A type of financial aid award based on need or merit that is not repaid by the student.
Financial assistance/aid that does not have to be repaid.
Financial aid awarded on the basis of need or merit that the student is not obligated to repay.
The purpose of a grant is to transfer money, property, services, or anything of value to a recipient in order to accomplish a pbulic purpose. The recipient is the 'performer' of the activities. No substantial involvement is anticipated between sponsor and recipient during the performance of the activity. (see also: Cooperative Agreement, Contract)
An award of program and financial assistance made to a qualified recipient based upon statutory and/or department criteria. The term does not include contracts or purchased services. Grantees are subject to applicable state and federal regulations as they engage in programmatic and administrative decision-making.
A sum of (usually public or tax-sourced) money given by the State or other public authorities or agencies (e.g. arts or heritage councils) for particular purposes intended to provide general public benefit. Increasingly these publicly accountable bodies are attaching sets of conditions to grants and are demanding those in receipt of them to demonstrate "outcomes" and "outputs" in addition to the normal legal requirements of fiscal accountability.
A type of business finance awarded for a specific which doesn't need to be paid back and on which interest is generally not payable.
A type of financial aid based on financial need that the student does not have to repay.
n., v.t., n 1. a financial donation given to support a person, organization, project, or program. Most grants are awarded to not-for-profit organizations. 2. informal (incorrectly for) a grant proposal. v.t. to give or confer (such as the ownership or a right) by a formal act.
A Grant is an award by the Federal Government of financial assistance in the form of money or property to an eligible grantee to support programs which the government wishes to encourage. A government agency is authorized to award a grant to accomplish the objectives of a particular program.
A grant is a type of financial aid that the student does not have to repay.
Financial aid that doesn't have to be repaid.
Money received based on a student's financial need. It does not require repayment.
An amount of money given to an organization or person in order to perform charitable or tax-exempt services.
Funding for postsecondary education, usually awarded on the basis of need that does not require repayment or a work obligation. Federal Title IV grant programs include Pell Grant and Supplemental Educational Opportunity Grant (SEOG).
an award made on the basis of a proposal that typically sets out a series of conditions for a sponsored project, such as specific objectives, work plan, timetable, formal financial accounting, and reporting obligations. With the exception of some fellowships and special awards, all grants are awarded to the institution (SIUC) rather than to individuals, and proposals and award agreements must be processed through ORDA. For definitions of different types of grants, see section 1 of ORDA's Sponsored Project Guide.
The word "grant" refers to a sum of money given to support the work of an agency, organization, or (occasionally) individual, usually as a result of a formal decision-making process involving a written or oral presentation and review. Grants are distinct from loans in that they are given outright, with no conditions for repayment.
Funds given for a specific purpose, which do not have to be repaid.
Typically need-based funding which you don't have to pay back; grants can come from a variety of sources.
A contribution of money made by a foundation to a non-profit organization, institution, group to accomplish a specific or general purpose.
Money awarded to a student or researcher to assist their studies.
A type of financial assistance awarded to an organization for the conduct of research or other program as specified in an approved proposal. A grant, as opposed to a cooperative agreement, is used whenever the awarding office anticipates no substantial programmatic involvement with the recipient during the performance of the activities.
Type of aid that does not have to be paid back; typically based on financial need.
The award of funds to an organisation or individual to undertake charitable or tax-exempt activities.
Financial aid based on student need; it is not repaid.
An award of funds to a charitable organization. In a donor-advised fund, such as Franklin Templeton Charitable Giving Fund, donors can recommend that a grant be awarded to a nonprofit of their choice. Renaissance Charitable Foundation, Inc. then reviews the recommendation and, if approved, awards the grant to the recipient nonprofit.
financial aid that doesn't need to be repayed.
Financial aid that does not have to be repaid. Generally, grants are for undergraduate students, and the grant amount is based on need, school cost, and enrollment status.
A grant is a sum of money given to a student for the purposes of paying at least part of the cost of college. A grant does not have to be repaid.
Money awarded to an organization to support a project.
Need-based financial aid that does not have to be repaid.
A monetary reward that does not have to be repaid.
An award of funds to an organization for charitable activities.
Financial aid that does not have to be repaid. Grants are usually awarded based on need but can also be awarded for academic achievement, special skill, talent, or heritage.
A sum of money that is given to your business after an application process has been followed. There is no interest to be paid and funds are not usually returnable - as long as the terms of the grant are met.
Financial aid awarded to a student based on financial need that does not have to be paid back.
a financial aid award that does not have to be repaid. Grants may be need or merit based.
Grant aid is financial aid that you do not have to repay.
A financial assistance mechanism whereby money, or equipment, is provided to carry out an approved set of activities.
A type of financial assistance award that does not need to be repaid by the student.
Money given to you, which does not need to be repaid.
Award of financial assistance for a specified time frame. Some grants are awarded based on a competition, and others are allocated according to a formula. CDE uses grants to distribute funds if LEAs or other entities (not CDE) are the direct beneficiaries of the funding.
A Grant Code is related to a Fund Code when cumulative results over multiple years (inception-to-date) or when a different Fiscal Year to the Universityâ€(tm)s Fiscal Year is required for reporting purposes. The agreement used whenever 1) the principal purpose of the relationship is the transfer of money, property, services, or anything of value to the recipient to accomplish a public purpose of support and stimulation, and 2) there is no substantial programmatic involvement between the sponsoring agency and the recipient during the performance of the contemplated activity.
A form of financial aid provided to a student who meets certain eligibility criteria set for the particular grant source.
an outright award of funds, usually based on need, which does not have to be repaid.
Usually a financial award which is not repayable.
financial assistance in the form of money, or property or technical assistance in lieu of money, awarded by a government agency or private organization (foundation or corporation) to an eligible applicant to accomplish some public purpose. Grants obligate the school system to meet specified objectives and hold the system financially liable if funds are not spent in accordance with applicable laws, rules, and regulations of the funding agency.
An award of funds to an organization or individual to undertake charitable activities.
A type of financial aid that does not have to be repaid; usually awarded on the basis of financial need.
A financial aid that does not have to be paid back and is awarded to students based on financial need.
An award of money from the federal or state government, that does not need to be paid back. Government grants include Federal Bell Grants, Federal Supplemental Education Opportunity Grants, and State Student Incentive Grants. All grants are based on need. (May be called "scholarship" by some states.)
(see also “assistance agreement, “award”, “cooperative agreement, “grant agreement”): an award of financial assistance, including cooperative agreements, in the form of money, or property in lieu of money, by the grantmaking entity to an eligible grantee. The term usually does not include technical assistance which provides services instead of money, or other assistance in the form of revenue sharing, loans, loan guarantees, interest subsidies, insurance, or direct appropriations.
A kind of financial aid awarded to students based on their financial need. You don't have to repay a grant.
A grant is a form of financial aid that does not have to be paid back. It is the best type of aid you can receive. Apply as early as possible since some grant funds are limited.
A grant is a type of funding awarded to the university as additional resources to support previously approved instruction, research, or public service. Grants are usually given to accomplish a specific public purpose, and are generally solicited by the submission of proposals. The terms of a particular grant determine how the award is processed and used. Grants are processed by the Division of Sponsored Programs.
Financial assistance awarded to a student and that does not need to be repaid.
A type of award that does not need to be repaid. The award is usually based on merit and/or need.
A financial aid award that does not require repayment. Federal grants include the Federal Supplemental Educational Opportunity Grant (FSEOG) and the Pell Grant.
The award of government funds to an entity. Typically, federal funds are awarded either as "formula" or "block" grants, for which a pre-determined legislative process establishes the level of funding available to the entity; or as "discretionary" grants, for which the funding agency is free to determine how much, if any, funding the entity will receive. (NCDoT)
a sum of money given by a donor to support the work outlined in the Mission Statement or objective of a Non-Profit Organization.
Grants are funds given to tax-exempt nonprofit organizations or local governments by foundations, corporations, governments, small business and individuals. Most grants are made to fund a specific project and require some level of reporting. The process involves an applicant submitting a proposal to a potential funder, either on the applicant's own initiative or in response to a Request for Proposals from the funder.
