§ 2521.35 Who must comply with matching requirements?
§ 2521.40 What are the matching requirements?
§ 2521.45 What are the limitations on the Federal government’s share of program costs?
§ 2521.50 If I am an Indian Tribe, to what extent may I use tribal funds towards my share of costs?
§ 2521.60 To what extent must my share of program costs increase over time?
§ 2521.70 To what extent may the Corporation waive the matching requirements in §§ 2521.45 and 2521.60 of this part?
§ 2521.80 What matching level applies if my program was funded in the past but has not recently received an AmeriCorps grant?
§ 2521.90 If I am a new or replacement legal applicant for an existing program, what will my matching requirements be?
§ 2521.95 To what extent may I use grant funds for administrative costs?

Terms Used In CFR > Title 45 > Subtitle B > Chapter XXV > Part 2521 > Program Matching Requirements

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.