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A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
Grant eligibility is typically determined by financial need. The application process is set by the agency providing the funds and often relies on data submitted via the FAFSA. While the terms grant and scholarship are frequently used interchangeably, there is a difference. Scholarships may have a financial need component but rely on other ...
A provisional government, also called an interim government, an emergency government, a transitional government or provisional leadership, [1] is a temporary government formed to manage a period of transition, often following state collapse, revolution, civil war, or some combination thereof.
A grant is a financial award given by a government entity, foundation, corporation, or other organization to an individual or organization for a specific purpose. Unlike loans , grants do not need to be repaid, [ 1 ] making them an attractive source of funding for various activities, such as research, education, public service projects, and ...
C. Khmer Rouge unrecognized government (1994–1998) Government Junta of Chile (1810) Socialist Republic of Chile; Provisional Government of the Republic of China (1937–1940)
Categorical grants, also called conditional grants, are grants issued by the United States Congress which may be spent only for narrowly defined purposes. They are the main source of federal aid to state and local governments and can be used only for specified categories of state and local spending, such as education or roads.
However, the tuition fee loan, maintenance loan and maintenance grant are by far the most common assistance that the SLC provides. On the "old system" (pre-2012) higher education institutions themselves charging the maximum tuition fee are legally obliged to give a non-repayable bursary worth a minimum of 10% of the tuition fee to students in ...
For example, if a company receives an annual software license fee upfront on January 1 but its fiscal year ends on May 31, the company using accrual accounting would only recognize five months' worth (5/12) of the fee as revenue in the current fiscal year's profit and loss statement.