Grant
Grant means financial assistance, including cooperative agreements, that provides support or stimulation to accomplish a public purpose. 2 CFR part 200, as adopted in 2 CFR part 3474, uses the broader, undefined term Award to cover grants, subgrants, and other agreements in the form of money or property, in lieu of money, by the Federal Government to an eligible recipient. The term does not include -
(i) Technical assistance, which provides services instead of money;
(ii) Other assistance in the form of loans, loan guarantees, interest subsidies, or insurance;
(iii) Direct payments of any kind to individuals; and
(iv) Contracts that are required to be entered into and administered under procurement laws and regulations.