What Happens If A Grantee Does Not Expend Its Awarded Funding

Jerry Ashworth
March 11, 2019 at 08:26:46 ET

While most federal grant recipients expend all of their awarded funds, some awardees may find that they have unexpended funds. What should they do with these funds, and how should they communicate this to their federal awarding agency? Bottom line: Recipients may not keep these funds. This video discusses some of the implications involved when a recipient has unexpended funds and includes some provisions in the uniform grant guidance that address this topic.