Coordination of Financial Assistance Funds Sample Clauses

Coordination of Financial Assistance Funds. 1. Pursuant to 20 C.F.R. Section 663.320, grant assistance, including Federal Pell Grants, must be utilized for training costs prior to funds authorized under this AGREEMENT. Funds authorized under this AGREEMENT shall be used to provide assistance beyond the assistance made available under other grant assistance programs, including Federal Pell Grants. CONTRACTOR shall consider the availability of Federal Pell Grants and other sources of grants to pay for training costs so that WIOA funds provided for under this AGREEMENT supplement other sources of training grants. 2. CONTRACTOR shall report to CITY all financial assistance applications including, but not limited to, those for Federal Pell Grants, and resultant funds received which cover all or part of the training costs relative to all clients enrolled under this AGREEMENT. Any financial assistance funds received by CONTRACTOR on behalf of clients under this AGREEMENT for the specific purposes of training costs shall be immediately reported to CITY so that the corresponding Individual Training Account (“ITA”) may be modified as appropriate. 3. Funds authorized under this AGREEMENT may be used while a client’s application for a Federal Pell Grant is pending, except that if such client is subsequently awarded a Federal Pell Grant, funds used to underwrite the training for the amount the Pell Grant covers shall be reimbursed to CITY. If payment for such expenses has already been made by CITY to CONTRACTOR, appropriate reimbursement shall be made to CITY from such Federal Pell Grant within thirty (30) days of receipt.
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Coordination of Financial Assistance Funds. 1. Pursuant to 20 C.F.R. Section 663.320, grant assistance, including Federal Pell Grants, must be utilized for training costs prior to funds authorized under this AGREEMENT. Funds authorized under this AGREEMENT shall be used to provide assistance beyond the assistance made available under other grant assistance programs, including Federal Pell Grants. CONTRACTOR shall consider the availability of Federal Pell Grants and other sources of grants to pay for training costs so that WIOA funds provided for under this AGREEMENT supplement other sources of training grants. 2. CONTRACTOR shall report to CITY all financial assistance applications including, but not limited to, those for Federal Pell Grants, and resultant funds received which cover all or part of the training costs relative to all clients enrolled under this AGREEMENT. Any financial assistance funds received by CONTRACTOR on behalf of clients under this AGREEMENT for the specific purposes of training costs shall be immediately reported to CITY so that the corresponding Individual Training Account (“ITA”) may be modified as appropriate. 3. Funds authorized under this AGREEMENT may be used while a client’s application for a Federal Pell Grant is pending, except that if such client is subsequently awarded a Federal Pell Grant, funds used to underwrite the training for the amount the Pell Grant covers shall be reimbursed to CITY. If payment for such expenses has already been made by CITY to CONTRACTOR, appropriate reimbursement shall be made to CITY from such Federal Pell Grant within thirty (30) days of receipt. EXHIBIT B BUDGET SUMMARY A. ☐ Adult Cohort Training Budget Summary Fiscal Years 2021 and 2022 Adult Cohort Training budget will be in accordance with the terms contained in each CITY-approved TRAINING PROGRAM. B. ☐ Adult Workshop Budget Summary Fiscal Years 2021 and 2022 Instructor-Led Workshops $150 Hour C. ☐ Youth Workshop Budget Summary Fiscal Years 2021 and 2022 Instructor-Led Workshops N/A Hour D. ☐ Youth Training Budget Summary Fiscal Years 2021 and 2022 Youth Career Technical Training N/A A. CITY shall not be obligated under this AGREEMENT to pay CONTRACTOR for any expense that is not allowable. Allowable shall mean that the expense is: 1) actually incurred by CONTRACTOR; 2) reasonable and necessary for the purpose of providing services and conducting a TRAINING PROGRAM; 3) allocable to a WIOA cost category; and 4) authorized and permitted under federal, state and local laws and regulat...
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Related to Coordination of Financial Assistance Funds

  • Disbursement of Financial Assistance Unless a different disbursement method is specified in that line of Exhibit C, “Financial Assistance Award,” OHA will disburse the Part A awards for MHS 28 Services provided under a particular line of the Financial Assistance Award containing an “A” in column “Part ABC” to County in substantially equal monthly allotments during the period specified in that line of the Financial Assistance Award, subject to the following: i. OHA may, after 30 days (unless parties agree otherwise) written notice to County, reduce the monthly allotments based on under- used allotments identified through MOTS and other reports in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or applicable special conditions; ii. OHA may, upon written request of County, adjust monthly allotments; iii. Upon amendment to the Financial Assistance Award, OHA shall adjust monthly allotments as necessary, to reflect changes in the funds awarded for MHS 28 Services provided under that line of the Financial Assistance Award; iv. OHA is not obligated to provide financial assistance for any MHS 28 Services that are not properly reported in accordance with the “Reporting Requirements” and “Special Reporting Requirements” sections above or as required in an applicable Specialized Service Requirement by the date 60 calendar days after the earlier of expiration or termination of this Agreement; termination of OHA’s obligation to provide financial assistance for MHS 28 Services; or termination of County’s obligation to include the Program Area in which MHS 28 Services fall within its CMHP; and v. OHA will reduce the financial assistance awarded for MHS 28 Services delivered under a particular line of Exhibit C, “Financial Assistance Award,” containing an “A” in column “Part ABC,” by the amount received by a Provider of MHS 28 Services as payment of a portion of the cost of the Services from an Individual receiving such Services with funds awarded in that line of the Financial Assistance Award.

  • PROVISION OF FINANCIAL ASSISTANCE As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed One Hundred Ninety-Nine Thousand, One Hundred Seventy-Nine Dollars ($199,179). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CJ23U.

  • PROVISION OF FINANCIAL ASSISTANCE GRANT As authorized by Section II of this Agreement for the sole and express purpose of financing the Project defined and described in Appendix A of this Agreement, the estimated costs of which are set forth and described in Appendix D of this Agreement, the OPWC hereby agrees to provide financial assistance, subject to the terms and conditions contained in this Agreement, from the State Capital Improvements Fund which constitutes the proceeds of the Infrastructure Bonds, in an amount not to exceed Seven Hundred Forty-One Thousand, Three Hundred Seventy-Four Dollars ($741,374). This financial assistance shall be provided in the form of a Grant. The OPWC Grant Control No. is CK17V.

  • OPWC Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby agrees to provide to the Recipient financial assistance not to exceed the amount as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project (the "Funds").

  • Grant of Financial Assistance Subject to the terms and conditions contained herein, the OPWC hereby grants to the Recipient financial assistance not to exceed the amount, as set forth in Appendix C of this Agreement for the sole and express purpose of paying or reimbursing the costs certified to the OPWC under this Agreement for the completion of the Project.

  • Financial Assistance Subject to the terms and conditions contained herein, the Director hereby grants to the Recipient financial assistance, as established in this section, for the sole and express purpose of paying or reimbursing the eligible costs certified to the Director under this Agreement for the completion of the Project.

  • Conditions to Financial Assistance and its Disbursement The Grantor's obligations hereunder, including its obligation to make financial assistance available to the Recipient pursuant to the terms of this Agreement, are contingent upon compliance by the Recipient with the following conditions: A. Recipient's acquisition and commitment of the Local Subdivision Contribution necessary for the completion of the Project, its compliance with all other provisions of this Agreement, and its compliance with the provisions of Chapter 164 of the Revised Code and Chapter 164-1 of the Administrative Code. The Recipient shall set forth in Appendix D of this Agreement a description of the manner or mechanisms of providing its local share of Project funds pursuant to division (D) of Section 164.05 of the Revised Code and Rule 164-1-21 (B)(6) of the Administrative Code. B. Recipient shall execute any and all other documents and certificates as deemed necessary by the Director, subject to the opinion of counsel to the Director, as well as any required by changes in State or Federal Law, on the date hereof or at any time hereafter in connection with the financial assistance and disbursement of moneys pursuant to this Agreement, including any amendments to this Agreement.

  • EDUCATION AND ASSISTANCE FUND 18.01 The Employer shall contribute to the Union’s Education and Assistance Fund the amount identified at Schedule “A” for each hour worked by each employee covered by this Agreement, and shall remit such contributions to the Union together with union dues, and in the manner described at Article 7.04. 18.02 The Education and Assistance Fund shall be used by the Union to educate and instruct members in the competent practice of their trade, in matters relating to Health and Safety, and to instruct specific members in effective labour relations practices. 18.03 Having regard to the demands of the Employer’s work and operations, the Employer will cooperate with the Union when safety and related courses are made available to the members employed with the Employer.

  • Audit Requirements for Recipients of State Financial Assistance For purposes of this paragraph, the word "Contractor" shall be deemed to mean "nonstate entity," as that term is defined in section 4-230 of the Connecticut General Statutes. The Contractor shall provide for an annual financial audit acceptable to the Client Agency for any expenditure of State awarded funds made by the Contractor. Such audit shall include management letters and audit recommendations. The State Auditors of Public Accounts shall have access to all records and accounts for the fiscal year(s) in which the award was made. The Contractor shall comply with federal and State single audit standards as applicable.

  • Mutual Assistance The Parties will do all things reasonably necessary or appropriate to carry out the terms and provisions of this Agreement and to aid and assist each other in carrying out such terms and provisions.

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