Glossary of Grant Terminology

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Grants and Funding Resources for Women In Business: Glossary of Grant Terminology | G - O


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Glosssary of Grant Terminology

Finding a grant for your business or project is difficult enough but grantors also have their own "language" of grant terms that you may not be familiar with, that can make the whole process even more confusing.

If you don't have a clear understanding of Grant Terminology - it will often be virtually impossible to comeplete the Grant Application Package correctly!

Grant Terminology:

Understanding the language and terms of the Grantor and Grantmakers

Grant Award Notification is an official document signed by the authorized official stating the amount and the terms and conditions of an award for a discretionary grant.

Indirect costs are costs an organization incurs for common or joint objectives that cannot be readily and specifically identified with a particular grant project or other institutional activity.

Indirect cost rate is a percentage established by a Federal department or agency for a grantee organization, which the grantee uses in computing the dollar amount it charges to the grant to reimburse itself for indirect costs incurred in doing the work of the grant project.

LEA (Local Educational Agency) - The district education department that applies for and oversees the grant

NOFA (Notice of Funding Availability) - Information on program's purpose, eligibility requirements, application deadline, award amounts, etc.

OESE (Office of Elementary and Secondary Education) - One of six agencies under which grants are organized and authorized

OELA (Office of English Language Acquisition) - One of six agencies under which grants are organized and authorized

OSERS (Office of Special Education & Rehabilitative Services) -
One of six agencies under which grants are organized and authorized


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