§ 200.40 - Federal financial assistance.  


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  • § 200.40 Federal financial assistance.

    (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.

    [78 FR 78608, Dec. 26, 2013, as amended at 80 FR 54407, Sept. 10, 2015]