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Code of Federal Regulations Title 2. Grants and Agreements § 2.200.40 Federal financial assistance

Current as of October 02, 2022 | Updated by FindLaw Staff

(a) Federal financial assistance means assistance that non–Federal entities receive or administer in the form of:

(1) Grants;

(2) Cooperative agreements;

(3) Non-cash contributions or donations of property (including donated surplus property);

(4) Direct appropriations;

(5) Food commodities;  and

(6) Other financial assistance (except assistance listed in paragraph (b) of this section).

(b) For § 200.202 Requirement to provide public notice of Federal financial assistance programs and Subpart F—Audit Requirements of this part, Federal financial assistance also includes assistance that non–Federal entities receive or administer in the form of:

(1) Loans;

(2) Loan Guarantees;

(3) Interest subsidies;  and

(4) Insurance.

(c) Federal financial assistance does not include amounts received as reimbursement for services rendered to individuals as described in § 200.502 Basis for determining Federal awards expended, paragraph (h) and (i) of this part.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 2. Grants and Agreements § 2.200.40 Federal financial assistance - last updated October 02, 2022 | https://codes.findlaw.com/cfr/title-2-grants-and-agreements/cfr-sect-2-200-40/

Read this complete Code of Federal Regulations Title 2. Grants and Agreements § 2.200.40 Federal financial assistance on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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