
Federal Awards
Federal awards are financial grants or contracts given by the U.S. government to organizations like nonprofits, universities, or businesses to support specific projects or objectives. These awards provide funding to help accomplish public goals, such as research, education, or community development. Recipients must follow certain rules and report on their progress, ensuring the funds are used appropriately. Essentially, federal awards are a way for the government to partner with organizations to achieve shared policy goals through financial support.