Length and Time Phasing of Assistance
To be eligible to receive payments, a Udall scholar must matriculate full-time and remain in good academic standing. Scholar's institution must confirm in writing the cost of attendance and that the Scholar is enrolled full-time and in good academic standing. The Foundation will send each institution a form containing the student's name and social security number. This form will be completed and returned to the Foundation at least 30 days prior to the beginning of the fall semester. The Foundation will review forms for completeness of information and appropriate signatures from school officials. Scholars are required to submit a payment request form containing information regarding living expenses and additional costs that may be covered. Scholars may receive up to $5,000 at the beginning of the fall semester or may receive a partial payment in the fall semester and another at the beginning of the spring semester.
Formula and Matching Requirements
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.