In fiscal year 2001, about 3,230 awards will be made and 9,500 proposals received. This program has no statutory formula. Institutions are required to share in the cost of each research project. This may be accomplished by a contribution to any cost element, direct or indirect. Cost-sharing is not required for awards made solely for symposia, conferences and workshops, publication, education and training, or travel.
Assistance is disbursed by letter of credit or as required.
Funds may not be used for purposes other than those specified in the proposal. Grantees are expected to maintain separate records for each grant to insure that funds are used for the general purpose for which the grant was made. Records are subject to inspection during the life of the grant and for 3 years thereafter.