Assistance considerations...
Length and Time Phasing of Assistance
It is the intent of the Foundation to renew Junior Fellowships annually for a period not to exceed 2 calendar years and to renew Senior Fellowships annually for a period not to exceed five calendar years, or until a Fellow has completed the minimum number of credits required for the Master's degree, whichever comes first. Renewal will be in accordance with regulations established by the Foundation, subject to an annual review and certification by authorized officials of the university at which a Fellow is registered that the Fellow (if a Junior Fellow) is not engaged in gainful employment that interferes with the Fellow's studies and that the Fellow is making satisfactory progress toward the degree and is in good academic standing. In some cases, Junior Fellows may be permitted to study part-time and Senior Fellows to study full-time. The Foundation may suspend or terminate a fellowship when it obtains evidence that a Fellow is not making satisfactory progress toward the degree or is not in compliance with fellowship requirements.
Formula and Matching Requirements
Not applicable.
Note:
A formula may be based on population, per capita income, and other statistical factors. Applicants are informed whether there are any matching requirements to be met when participating in the cost of a project. In general, the matching share represents that portion of the project costs not borne by the Federal government. Attachment F of OMB Circular No. A-102 (Office of Management and Budget) sets forth the criteria and procedures for the evaluation of matching share requirements which may be cash or in-kind contributions made by State and local governments or other agencies, institutions, private organizations, or individuals to satisfy matching requirements of Federal grants or loans.
Cash contributions represent the grantees' cash outlay, including the outlay of money contributed to the grantee by other public agencies, institutions, private organizations, or individuals. When authorized by Federal regulation, Federal funds received from other grants may be considered as the grantees' cash contribution.
In-kind contributions represent the value of noncash contributions provided by the grantee, other public agencies and institutions, private organizations or individuals. In-kind contributions may consist of charges for real property and equipment, and value of goods and services directly benefiting and specifically identifiable to the grant program. When authorized by Federal legislation, property purchased with Federal funds may be considered as grantees' in-kind contribution.
Maintenance of effort (MOE) is a requirement contained in certain legislation, regulations, or administrative policies stating that a grantee must maintain a specified level of financial effort in a specific area in order to receive Federal grant funds, and that the Federal grant funds may be used only to supplement, not supplant, the level of grantee funds.