Formula grant award is based on a competitive formula provided to grantees. The amount is established by a formula based on certain criteria.

Name: Formula grant award is based on a competitive formula provided to grantees. The amount is established by a formula based on certain criteria.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A formula grant is not competitive; it is awarded based on a predetermined formula that considers specific criteria, such as population or need, rather than through a competitive process.

Formula Grant Award Is Based on a Competitive Formula Provided