34 C.F.R. § 84.650

Current through May 31, 2024
Section 84.650 - Grant

Grant means an award of financial assistance that, consistent with 31 U.S.C. 6304 , is used to enter into a relationship-

(a) 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 Federal Government's direct benefit or use; and
(b) In which substantial involvement is not expected between the Federal agency and the recipient when carrying out the activity contemplated by the award.

34 C.F.R. §84.650

Authority: E.O.s 12549 and 12689; 20 U.S.C. 1082 , 1094 , 1221e-3 and 3474 ; and Sec. 2455 , Pub. L. 103-355 , 108 Stat. 3243 at 3327