What does sub grant mean?

What does sub grant mean?

award of financial assistance
Subgrant means an award of financial assistance in the form of money, or property in lieu of money, made under a grant by a grantee to an eligible subgrantee.

What is a subgrant agreement?

Subgrant Agreement is the meansgrant agreement or legal instrument by which a CFSA or LWDB issues a subawardgrant award of federal financial assistance is issued to a subrecipient. A subgrant agreement may contain identifying information for multiple grant awards being passed through to the same subrecipient.

What is a grant payment?

Grant Payment means the amount of Program funding provided to an eligible Applicant in the Program Year. Sample 1. Save. Copy. Grant Payment means the Grant funds paid directly to the Grantee for the benefit of the rent expense of the Tenant.

Do you have to pay back a grant?

Most types of grants, unlike loans, are sources of financial aid that generally do not have to be repaid. Grants can come from the federal government, your state government, your college or career school, or a private or nonprofit organization.

Can grants be taken away?

College students can have their federal financial aid taken away if they’ve previously accepted more money in financial aid than the government committed to.

What happens to unused grant money?

What Happens to Unused Pell Grant Money? If some of your grant dollars are unused, the school will issue you a Pell Grant refund. You may receive a check for the remaining amount, or the school may transfer it via direct deposit into your bank account or student account.

How much must you earn to qualify for Sassa grant?

Be a South African citizen or have permanent residency. Not earn more than R48 000 a year (R4 000 a month) if you’re single. If you’re married, your combined income shouldn’t be above R96 000 a year (R8 000 a month).