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Financial Assistance Award (FAA)
 

The Financial Assistance Award (FAA) is a document that notifies the grantee agency of its award and incorporates the terms and conditions of the award. The FAA will address such issues as; number of children funded, amount of money allocated, and specific conditions and sanctions for high-risk programs. Grantees benefit from receiving the FAA because it outlines the conditions of the grants.


Financial Assistance Award (FAA)

The FAA is the official award document that notifies grantee agencies and others of the award. This document also incorporates the terms and conditions of the award and supports the obligation of funds in the accounting system. The Grants Officer is responsible for preparing, signing and issuing the FAA. The Responsible HHS Official also will sign the FAA.

The FAA contains the following:

  • Assistance type being awarded (Block 2)
  • Grant number (Block 3)
  • Budget period funded (Block 8)
  • Overall project period (Block 9)
  • Program director (Block 15)
  • Approved Federal share of the budget line items (Block 16)
  • Non-Federal share (Block 17)
  • Amount of Federal funds being awarded by this action (Block 19)
  • Applicant’s EIN number (Block 22)
  • Client population and other specific requirements (Block 26)

Grantee agencies should review Block 26 carefully to ensure that they are familiar with the requirements and limitations specified. A list of Standard Terms and Conditions will be attached to the initial FAA for the grant period. Additional terms and conditions may be imposed for specific awards, such as the purchase or construction of facilities, special initiatives or a high-risk grantee agency.

In an effort to keep members of Congress informed, the Congressional Liaison Office (CLO) relays information on ACF awards to the senators and representatives in whose states and districts the projects are awarded. The responsible grants office will provides a copy of the FAA to the CLO and allows the CLO a 72-hour waiting period to notify the appropriate congressional delegation. The FAA will not be mailed to the grantee agency until the waiting period has expired.

"Financial Assistance Award (FAA)." HHS/ACYF/ACF/HSB. 2006. English.