Grants Finance works with State Education Department offices to administer State and federal grant programs. Grants Finance is responsible for the financial management of grants awarded to local agencies, and other SED offices are responsible for ensuring that the activities funded by the grants are planned and implemented appropriately. For information regarding grant program requirements, please refer to the grant application and supporting documents or to the program contact listed on the grant award notice.
6/22/09 - Important Information Regarding FS-25 Payments for Federal and State Grants: Grants Finance has changed its policy for the use of form FS-25 Request for Funds. Please read this advisory regarding requirements that must be met in order to receive funds for anticipated expenditures using form FS-25.
5/22/09 - American Recovery and Reinvestment Act Requirements for DUNS Numbers and CCR Registration: To be eligible for funds, ARRA calls for local agencies to have Data Universal Numbering System (DUNS) numbers and to register with Central Contractor Registration (CCR). Grants Finance has developed frequently asked questions about DUNS and CCR that may be helpful to those working to meet the requirements.
5/12/09 - NCLB Title V, Part A: LEAs that have not yet applied for Title V, Part A funds that carried over from 2007-08 may still do so. To access the funds, please submit a 2008-09 FS-10 budget form, a budget narrative and page 72 of the 2008-09 consolidated application as soon as possible to Grants Management, NYSED, Room 674 EBA, Albany NY 12234. LEAs can review their 2008-09 NCLB Allocation Reports to determine if 2007-08 carryover is available. All funds must be obligated by August 31, 2009 and expended by December 31, 2009.
4/24/09 - 2009-2010 Indirect Cost Rates: Chief Administrative Officers of agencies should expect to receive letters notifying them of their 2009-2010 maximum indirect cost rates. Rates for school districts and BOCES are calculated using ST-3 and SA-111 data for the school year ending June 30, 2008. The rate for all charter schools and community-based organizations is 2.6 percent; the rate for colleges and universities is 8 percent. Charter schools and CBOs may request a higher rate, up to 8 percent, by completing an FS-87R form available by contacting Grants Finance. All requests must be received by February 26, 2010. Additional information about indirect costs is available in the Fiscal Guidelines and in Frequently Asked Questions. Please direct questions to Grants Finance.