The term small awards refers to grants or cooperative agreements that do not exceed a specific monetary limit. According to federal regulations, this limit is currently set at $25,000. Small awards are typically used in educational settings to support various projects and initiatives without the extensive requirements associated with larger grants.
Small awards are commonly utilized in the context of educational funding and grant management. They are relevant in various legal areas, including:
Users can often manage small awards through self-service legal forms and templates, such as those provided by US Legal Forms, which are drafted by qualified attorneys.
Here are a couple of examples of abatement:
Here are a couple of examples of small awards:
Small awards are governed by federal regulations, particularly:
| Term | Definition | Difference |
|---|---|---|
| Small awards | Grants not exceeding $25,000. | Focused on smaller funding amounts for specific projects. |
| Large grants | Grants exceeding $25,000. | Involves more complex application processes and requirements. |
| Cooperative agreements | Funding agreements that involve substantial collaboration. | May involve larger amounts and more obligations than small awards. |
If you believe you may be eligible for a small award, consider the following steps:
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| Attribute | Details |
|---|---|
| Typical Amount | Up to $25,000 |
| Jurisdiction | Federal and state educational entities |
| Reporting Requirements | Yes, must comply with grant conditions |
The maximum amount for small awards is currently $25,000.