2 C.F.R. § 25.406

Current through September 30, 2024
Section 25.406 - [Effective until 10/1/2024] Federal financial assistance
(a)Federal financial assistance, for the purposes of this part, means assistance that entities received or administer in the form of:
(1) Grant;
(2) Cooperative agreements (which does not include a cooperative research and development agreement pursuant to the Federal Technology Transfer Act of 1986, as amended (15 U.S.C. 3710a ) );
(3) Loans;
(4) Loan guarantees;
(5) Subsidies;
(6) Insurance;
(7) Food commodities;
(8) Direct appropriations;
(9) Assessed or voluntary contributions; or
(10) Any other financial assistance transaction that authorizes the non-Federal entity's expenditure of Federal funds.
(b)Federal financial assistance, for the purposes of this part, does not include:
(1) Technical assistance, which provides services in lieu of money; and
(2) A transfer of title to federally owned property provided in lieu of money, even if the award is called a grant.

2 C.F.R. §25.406

85 FR 49538, 11/12/2020