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 Frequently
Asked Questions
Grants and Contracts FAQs
This begins a
series of FAQs.
After questions/responses appear in the Comunique, they will be indexed
on Extension’s Grant Web Page. To ask your own question, visit
the
grants web page and ask.
- Question:
What is the difference
between proposals, grants, contracts, and agreements?
Answer:
A proposal (invited or competitive) is a plan for a project that you
submit
to a potential funding source. It usually includes a brief project
overview,
justification, objectives and desired outcomes, and a proposed
budget.
A grant is what the funding source gives you when they choose to fund
your
project. (We write proposals; we receive grants.)
Grants
usually result in some
kind of formal legal document - a contract or an agreement - that
specifies
the terms and expectations of the grant for all parties involved.
Although
we tend to think a contract is formal and detailed, and an
agreement
is more casual and general, both are legally binding. When you
sign
contracts and agreements you are making a promise to do something in
exchange
for some kind of compensation. Before signing your name to
either,
make sure you understand what you are promising to do and that there
are
no hidden surprises buried in the legalese.
 Contact
me
Jacqueline E. LaMuth
Leader, Resource Development
and Management
Agricultural Administration Building Room 24
2120 Fyffe Road
Columbus, OH
43210
ph: 614-292-6470 fax: 614-688-0529
E-mail me at:lamuth.1@osu.edu
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All educational
programs conducted by Ohio State University Extension are available to
clientele on a nondiscriminatory basis without regard to race, color,
creed,
religion, sexual orientation, national origin, gender, age, disability
or Vietnam-era veteran status.
Keith L. Smith,
Associate Vice
President for Ag. Admin. and Director, OSU Extension
TDD No. 800-589-8292
(Ohio
only) or 614-292-1868
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Updated
April 6, 2005
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