Graduate Research Opportunities for Minority Students (Minorities and Retirement Security Program)

 

To support competitive post-graduate grants to apprentice scholars at selected minority-serving graduate institutions in the area of retirement security (financial literacy, personal savings, labor force planning, spending patterns, personal debt, etc.) for low- to moderate-income individuals.

General information about this opportunity
Last Known Status
Deleted 04/02/2020 (Archived.)
Program Number
84.414
Federal Agency/Office
Agency: Department of Education
Office: Office of Postsecondary Education
Type(s) of Assistance Offered
Project Grants
Program Accomplishments
Not Applicable.
Authorization
Social Security Act, Part 1110(a), 42 U.S.C 1310(a).
Who is eligible to apply/benefit from this assistance?
Applicant Eligibility
Eligible institutions include institutions of higher education (IHE) grantees receiving grants from the Historically Black Graduate Institutions (HBGIs) program; the Master's Degrees Programs at Historically Black Colleges and Universities (HBCUs); the Promoting Postbaccalaureate Opportunities for Hispanic Americans program; and the Predominantly Black Institutions programs.
Beneficiary Eligibility
Researchers and graduate students researching retirement security will benefit.
Credentials/Documentation
Applicants must provide evidence of being grantees from the programs listed under the eligible applicant section. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.
What is the process for applying and being award this assistance?
Pre-Application Procedure
An informal preapplication conference is recommended. All applicants must go through the Intergovernmental Review of Federal Programs. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.
Application Procedure
This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Applications will be screened, reviewed, and scored by the Social Security Administration (SSA) to ensure that SSA standards are met.
Award Procedure
The Department of Education will review the SSA screened applicants and will award grants from the slate of eligible applicants.
Deadlines
Contact the headquarters or regional office, as appropriate, for application deadlines.
Approval/Disapproval Decision Time
From 60 to 90 days.
Appeals
Not Applicable.
Renewals
Not Applicable.
How are proposals selected?
Contact the program office for program criteria.
How may assistance be used?
Grantees will be expected to plan, initiate, and maintain a research program that will broadly cover retirement security issues; disseminate research findings; and train and provide funding support for graduate students to conduct research on retirement security. Eligible institutions must use grant funds for retirement security issues only.
What are the requirements after being awarded this opportunity?
Reporting
Reporting requirement will be included in the grant award documents. Reporting requirement will be included in the grant award documents. Reporting requirement will be included in the grant award documents. Expenditure reports are not applicable. Reporting requirement will be included in the grant award documents.
Auditing
In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.
Records
Reporting requirement are found in EDGAR 74.53(b).
Other Assistance Considerations
Formula and Matching Requirements
This program has no statutory formula.
This program has no matching requirements.
This program does not have MOE requirements.
Length and Time Phasing of Assistance
Grants will be awarded for 1 year of funding. Method of awarding/releasing assistance: lump sum.
Who do I contact about this opportunity?
Regional or Local Office
None.
Headquarters Office
Nalini Lamba-Nieves, Institutional Service
Higher Education Programs
Office of Postsecondary Education
1990 K St. NW, Room 6062, Washington, District of Columbia 20006 Email: Nalini.Lamba-Nieves@ed.gov Phone: 202-502-7562
Website Address
No Data Available
Financial Information
Account Identification
91-0201-0-1-503.
Obligations
(Project Grants) FY 14 $480,000; FY 15 est $480,000; and FY 16 est $480,000
Range and Average of Financial Assistance
The Department expects to award 4 awards averaging $120,000 in FY 2013.
Regulations, Guidelines and Literature
The requirements set forth in CFDA 96.007 will be used for this program. Funds are available for obligation by the Department of Education until expended. Funds not obligated in one fiscal year may be carried over into the next fiscal year until all funds are expended by the program.
Examples of Funded Projects
Not Applicable.

 



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