462 - Program Income

Editor’s note: The following tab has been updated to reflect provisions within the 2024 revisions to the uniform guidance (2 C.F.R. Part 200), which is effective for awards issued on or after Oct. 1, 2024. Subscribers seeking analysis on awards received prior to that date that follow the 2020 version of the uniform guidance should refer to this tab within the attached PDF here. While recipients of federal grant awards generally use their funding to support program expenditures, they often are encouraged by their awarding federal agencies to generate program income, where appropriate, to defray program costs. However, recipients should be accountable for using such income in… Read More

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You may be able to charge the cost of your Thompson Grants subscription to your federal grant(s). For state agencies and other nonfederal entities, under the cost principles of the uniform guidance, there are allowable items of cost for subscriptions (§200.454(b)) and professional development (§200.473). Please check with your program director, finance officer or granting agency to ensure there is no restriction in the approved grant budget or the award documents.

462 - Program Income

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