Glossary of Terms Related to Grants and Funding

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Applicant

Party requesting a grant or sub-grant

Application

Written plan outlining the grant program activities

Appropriation

Amount approved for expenditure under an authorization bill

Authorization bill

Legislation setting up the general aims and purposes of a program

Award

Funds provided as the result of winning a grant

Awardee

Recipient of the grant award

Budget

Financial plan for carrying out the project or program identified in the grant proposal

Competitive grant

Grant that must go through a competitive, objective review process

Continuation grant

Grant available for the continuation of a program already

Direct Costs

Costs directly associated with operating a grant program, such as personnel, equipment, instructional supplies, travel expenses, and professional development

Entitlement funds

Money received on the basis of a formula such as number or percentage of student population

Formula funds

Money received based on certain requirements of the target population

Federal funds

Money appropriated by the US Congress to fund a program or project

Federal Register

Source of official announcements for application information

Grant

Award of financial assistance

Grant program

Activities and requirements that must be followed by the grantee

Grantee

Recipient of the grant award

Grantor

Party issuing the grant

Indirect Costs

Administrative and financial costs associated with operating a grant program

In-Kind Contribution

A non-cash donation of labor, facilities, or equipment contributed to a project.

LEA

Local Education Agency (e.g., school or district)

Matching funds

Contributions of funds required of an applicant or contributor to match grant funds

Proposal

Details the project developed in response to the grant requirements

RFA

Request for Application

RFP

Request for Proposal

SEA

State Education Agency

Sub-grant

Awards made under the authority of another grant program as a means to distribute funds to secondary applicants, such as Reading First funds.

Supplant

To deliberately reduce state or local funds because of the existence of grant funds

Supplement

To support, reinforce, expand, or enrich an existing program with additional funds

Target Population

The identified intended beneficiaries of the grant project activities and services

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