An expanded version of the preliminary or preproposal which provides a detailed statement of the proposed work. The formal proposal constitutes a final application to the funding source. The criteria associated with the evaluation of a proposal for funding. For federally-sponsored programs, these are printed in the program guidelines or Federal Register and often follow a point system, e.g., a maximum of 15 points may be awarded for the Project Plan. An exchange of property or funds for support of an activity outlined in a proposal describing project goals, objectives, activities, personnel, and budget.
Grants are usually from federal, state, local, foundation, or corporate entities.
It is usually not competitive with other proposals but is contingent upon successful performance in the previous year. The official authorized to take final action on grant. This is the Assistant Vice President for Research located in ORSP, Foust 251. A university, public or private nonprofit corporation, organization, agency, individual, or other legally accountable entity that receives a grant and assumes legal and financial responsibility and accountability both for the awarded funds and for the performance of the grant-supported activity. The document that outlines program goals to be addressed in a proposal and provides specific instructions on what content to include in a proposal, the format it should take, and the funding criteria.