Thursday, April 25, 2024, 7:17 PM
Site: WSFR Training Portal
Course: WSFR Training Portal (WSFR Training)
Glossary: Glossary of Terms, Acronyms and Definitions
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Age Discrimination

A law against age discrimination related to the sale or renting or a property became law in 1972. Proven violations of this law result in a possible fine and the loss of federal dollars. Lending institutions and title closing companies also fall under the wide scope of this law.


ALAB

American League of Anglers and Boaters.

Allocate

Means to assign funds to a specific purpose.

Allocation

The process of assigning a cost, or a group of costs, to one or more cost objective(s), in reasonable proportion to the benefit provided or other equitable relationship. The process may entail assigning a cost(s) directly to a final cost objective or through one or more intermediate cost objectives.

Allowable Cost

Cost, incurred by a non-Federal entity carrying out a grant that meets certain criteria set forth in the applicable Federal cost principles.

These costs may be direct or indirect cots either charged to the award or used to meet match requirements.

Amendment

Is any post award action taken on a grant, including but limited to budget revisions, change in scope, and change in period of performance.

APA

Administrative Procedures Act

APE

Area of Potential Effect

Application for Federal Assistance (AFA)

The Standard OMB form, Application for Federal Assistance (SF-424, AFA) used to submit a request for grant funding. It is used as the cover sheet for the grant application package.


Application Package

Applicants are responsible for (1) preparing and submitting application packages in accordance with the program’s Notice of Funding Opportunity (NOFO), and (2) providing assurances of their intent to comply with all applicable Federal laws, regulations, and policies. Included in the application package are proposal documents outlining in sufficient detail the need, objectives, approach, estimated costs, and other required information for the proposed project(s).