Treatment of Rebates, Refunds, Discounts, and Similar Cost Savings
Log Number: ACF-IM-HS-23-03 | Issuance Date: 07-10-2023
Fiscal Management
Strong fiscal systems are key to a healthy program. The materials in this topic guide programs in making the most of their financial resources. Explore tools to help grantees account for their federal assets, comply with regulations, avoid waste, manage risk, and strengthen internal controls. Find information to support grantees in generating in-kind contributions and meeting matching requirements. Learn how to develop sound reporting systems, and execute budgets that reflect program goals and priorities.
1303.5 Limitations on development and administrative costs.
Costs to develop and administer a program cannot be excessive or exceed 15% of the total approved program costs. Read about the limitations on development and administrative costs, as well as waiver requests.
1303.4 Federal financial assistance, non-federal match, and waiver requirements.
Grant recipients must contribute 20% as nonfederal match each budget period, with federal financial assistance not exceed 80% of the approved total program costs. This standard also addresses waiver requirements.