Pop Quiz: Do You Really Know What a Grant Is?

Posted on by Grants.gov

Thousands of you have read the What Is a Grant? blog series, but did you retain the information? We hope to make all the teachers out there proud with a friendly pop-quiz.

Instructions: Click the response you think is correct. Every response provides feedback. You may use the blog search for hints.

#1 – Which of the following is the correct definition of a federal grant?
When the U.S. Federal government transfers anything of value from the Federal government to a non-federal entity to carry out a public purpose authorized by U.S. law.
Correct!
When the U.S. Federal government acquires (i.e., purchases or procures) goods or services from a non-federal entity.
Incorrect but close. This is the definition of a federal contract.
Free money I can use for whatever I want
Incorrect. Erroneous. Not accurate. Just no. Please read What Is a Grant? if you thought this was correct.
The 18th President of the United States of America.
This is not the “grant” you are looking for. Ulysses S. Grant commanded the Union Armies in the American Civil War. He also served as the President from 1869 to 1877.

#2 – Which of the following is not a type of federal financial assistance?
Grants
Incorrect. Grants are one of many different forms of federal financial assistance.
Loans
Incorrect. Loans are one of many different forms of federal financial assistance.
Free money I can use for whatever I want
Correct. “Free money I can use for whatever I want” is not a type of federal financial assistance; it’s not a thing.
Cooperative Agreements
Incorrect. Cooperative agreements are one of many different forms of federal financial assistance.

#3 – Which one of the following statements is true?
An award is the legal instrument constituting the official agreement between the federal and non-federal entities.
Correct. Grant agreements and cooperative agreements are awarded by a federal grant-making agency to an award recipient.
Federal grants are designed to advance a private purpose.
Incorrect. Federal grants are designed to advance a public purpose.
Grants are free money I can use for whatever I want
Still incorrect.
Grants can only have one awarding agency and one recipient involved.
Incorrect. For recipients, there are often prime recipients and subrecipients. Collaboration and partnerships amongst multiple applicants may even be required for some grants. Additionally, multiple agencies may work together on grant programs.

#4 – “FOA” is an abbreviation for what?
Funding Opportunity Announcement
Correct. An FOA is the publicly available document that contains all the official information (e.g., goals, deadline, eligibility, reporting) about a federal grant.
Funding Opportunity Award
Incorrect.
Free mOney Announcement
…no…
Funding Opening Announcement
Incorrect

#5 – To support the educational advancement of agricultural and industrial studies, the Morrill Land-Grants Act was signed into law in which year?
1862
Correct. States received 30,000 acres of land for each congressional seat at the time. The states used the sale of the land, or the land itself, to establish new schools or new programs within existing schools to advance the purpose of the grant
1863
Incorrect but within 1 year.
1864
Incorrect.
1865
Incorrect.

3 thoughts on “Pop Quiz: Do You Really Know What a Grant Is?”

  1. Great practice information that will be helpful in taken and obtaining grants certification.

    Like

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