A Simple Key For 200 loan Unveiled

A Simple Key For 200 loan Unveiled

Blog Article

(1) Is utilized to enter right into a marriage the principal function of which can be to transfer just about anything of value to perform a general public purpose licensed by a law of America (see 31 U.

Expenses incurred or compensated by a State or area federal government on behalf of As well as in immediate benefit to its IHEs are allowable. These expenses consist of but are certainly not restricted to fringe advantage systems including pension prices and Federal Insurance policies Contributions Act (FICA) costs.

suggests a sort of grant or cooperative settlement pursuant to which the Federal agency or pass-via entity delivers a certain amount of funding with no regard to true prices incurred under the Federal award.

(2) The receiver's or subrecipient's history of compliance Along with the stipulations of Federal awards;

(3) IHEs may supply employees tuition waivers or reductions, presented that the advantage isn't going to discriminate in favor of very compensated employees.

signifies orders placed for residence and services, contracts and subawards designed, and equivalent transactions that require payment by a recipient or subrecipient underneath a Federal award that can result in expenditures by a recipient or subrecipient below a Federal award.

(b) The Federal company or pass-by entity ought to gather monetary reviews no a lot less than every year. The Federal agency or move-as a result of entity might not collect money stories more commonly than quarterly Unless of course a particular affliction is executed in accordance with § 200.

usually means an award provided by a go-as a result of entity to some subrecipient to the subrecipient to lead into the plans and objectives of the job by carrying out part of a Federal award received through the go-by way of entity.

implies a Federal award for which the start day is contiguous with, or intently follows, the tip on the expiring Federal award. The start day of the renewal award begins a brand new and distinct duration of functionality.

usually means the penned acceptance received ahead of time by a certified official of a Federal company or move-by means of entity of sure costs or programmatic decisions.

(a) Where by the here Federal Governing administration assures or insures the repayment of cash borrowed with the recipient, the Federal agency may well have to have enough bonding and coverage If your bonding and insurance requirements of the recipient aren't considered suitable to safeguard the curiosity from the Federal Governing administration.

The Federal company need to not allow a transfer of money that may trigger any Federal appropriation for use for reasons other than All those in step with the appropriation.

indicates Expense sharing specifically pledged voluntarily from the proposal's funds within the Component of the receiver or subrecipient, which results in being a binding necessity from the Federal award. See § 200.306.

Direct expenses are Those people charges that may be discovered particularly with a specific remaining Expense aim, for instance a Federal award, or other internally or externally funded activity, or which might be immediately assigned to such pursuits fairly effortlessly that has a higher degree of precision.