indicates a cost aim that may be employed to build up indirect expenses or assistance Heart prices which might be subsequently allocated to one or more indirect cost swimming pools or final Value goals. See also Expense goal
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usually means Expense sharing precisely pledged over a voluntary foundation inside the proposal's funds or even the Federal award over the Element of the non-Federal entity Which becomes a binding requirement of Federal award.
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signifies a grouping of intently connected programs that share prevalent compliance necessities. The kinds of clusters of applications are exploration and advancement (R&D), college student economic assist (SFA), and also other clusters. “Other clusters” are as described by OMB in the compliance supplement or as specified by a point out for Federal awards the point out gives to its subrecipients that satisfy the definition of the cluster of plans.
In case you authorize your lender to consider payment by way of automated withdrawals (known as "ACH transfers"), then your financial check here loan payments will likely be compensated automatically directly from your checking account.
(four) The expression “financial loan promise determination” signifies a binding settlement by a Federal awarding company to produce a mortgage promise when specified problems are fulfilled via the borrower, the lender, or another social gathering on the warranty agreement.
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