Search Results for keywords:"Federal Financial Assistance"

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Search Results: keywords:"Federal Financial Assistance"

  • Type:Rule
    Citation:89 FR 101463
    Reading Time:less than a minute

    The Office of the Federal Register has updated the subject matter of title 2 in the Code of Federal Regulations. Previously titled “Grants and Agreements,” it will now be called “Federal Financial Assistance.” This change aims to better reflect the content and purpose of the regulations under this section, and it takes effect on December 16, 2024.

    Simple Explanation

    The rules for how the government gives out money to help with projects are getting a new name. Instead of calling it "Grants and Agreements," it will now be called "Federal Financial Assistance," which sounds more like what these rules are really about.

  • Type:Notice
    Citation:90 FR 9240
    Reading Time:about 4 minutes

    The Department of Education has announced an update to grant award notices to ensure they follow the 2024 changes to federal award guidelines. These changes apply only to grants given after October 1, 2024, and clarify that earlier grants are governed by the rules in place when they were awarded. This update resolves confusion caused by an earlier notice that tried to apply new rules retroactively. Grant recipients don’t need to take any action but should keep this notice for their records.

    Simple Explanation

    The Education Department updated the rules for giving out money to schools, and they want to make sure everyone knows the new rules only count for money given out after a certain date, not before. This way, people won't be confused about which rules to follow!