Grant Writing Grant Submission and Compliance 2

Question 1

What is the purpose of a grant compliance checklist?

Accepted Answer

To ensure all funder requirements are met before submission

Answer

A grant compliance checklist helps grant writers verify that every required element, attachment, and formatting rule is addressed before the application is submitted.

Question 2

What is an indirect cost rate in a federal grant budget?

Accepted Answer

A negotiated percentage covering organizational overhead costs like rent and administration

Answer

An indirect cost rate is a federally negotiated percentage applied to direct costs to cover an organization's overhead expenses such as rent, utilities, and administration.

Question 3

What does 'cost sharing' or 'matching funds' mean in grant applications?

Accepted Answer

The applicant's contribution of resources (cash or in-kind) to supplement the grant award

Answer

Cost sharing or match requires the grantee to contribute a specified amount of its own resources—either cash or in-kind—alongside the funder's award.

Question 4

In federal grants, what is the significance of the Uniform Guidance (2 CFR Part 200)?

Accepted Answer

It establishes the administrative and cost principles all federal grant recipients must follow

Answer

The Uniform Guidance (2 CFR Part 200) is the federal government's consolidated set of rules for grants management, covering allowable costs, audit requirements, and administrative standards.

Question 5

What is a grant agreement (Notice of Award) and when is it issued?

Accepted Answer

A legal document issued by the funder confirming the award and outlining grant terms and conditions

Answer

A Notice of Award is the official legal document from the funder that confirms the grant, specifies the award amount, and outlines the terms, conditions, and reporting requirements.

Grant Writing Practice Test

Grant Writing Practice Test

Grant Writing Grant Submission and Compliance 2