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A formula grant is a United States federal grant specifying a precise formula in the legislation creating the program. Formula grants include quantifiable elements, such as population, amount of tax effort, proportion of population unemployed or below poverty level, density of housing, or rate of infant mortality.
Project grants are grants given by the government to fund research projects, such as a research project for medical purposes. An individual must acquire certain qualifications before applying for such a grant and the normal duration for project grants is three years. Formula grants provide funds as dictated by a law.
Project grants are the most common form of grants and a large number are found in scientific research, technology development, education (such as Federal Pell Grants), social services, the arts and health care types of assistance. [citation needed] Formula grants provide funds as dictated by a law. Examples of this type of grant includes Aid to ...
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.
CSREES supports research and extension activities at land-grant institutions through federal funds that are appropriated to states on the basis of statutory, population-based formulas. CSREES' formula grants are directed to state experiment stations, the Cooperative Extension System, and Cooperative Forestry Programs.
Specifically, eligible states—those that comply with the Act's terms, "establish plans for the administration of juvenile justice in their states and agree to submit annual reports to OJJDP concerning their progress in implementing the plans"—are allocated annual formula grants based on a formula determined by the state's proportion of ...
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HUD calculates both formulas for all entitlement grantees and awards the larger amount, but Congressional appropriation has ultimate determination on program funding. These formulas have become less well matched to community need over time, and improvements or revisions have been proposed by several analytical reports. [15] [16] [17] [18]