What is considered program income?

Program income is gross income-earned by a recipient, a consortium participant, or a contractor under a grant-that was directly generated by the grant-supported activity or earned as a result of the award.

Is 340B program income?

Yes, all 340B generated revenue is considered program income and should be reported as such. 340B generated revenue is the difference between the third party reimbursement (to the extent this amount exceeds the 340B purchase price) and the 340B purchase price paid.

What is additive program income?

Additive: Program income realized is added to (i.e., supplements) the funds committed to the project by the federal or other awarding agency. The program income funds shall be used to support related project or program objectives.

What is a no cost extension HRSA?

Most common actions requiring HRSA prior approval – continued. • An Extension of Time: A request to extend the final project period up to one year. beyond the original expiration date shown on the NoA. This is known as an extension. without funds or No Cost Extension (NCE) prior approval request.

Can program income be used as match?

Program income must be used for current costs unless the Federal awarding agency authorizes otherwise. (3) Cost sharing or matching. With prior approval of the Federal awarding agency, program income may be used to meet the cost sharing or matching requirement of the Federal award.

What is considered program income for federal grants?

Program Income: refers to the gross income generated through activities supported by the Federal award during the period of performance (2 CFR 200.80). It includes, but is not limited to: Fees earned for services performed under the grant, such as those resulting from laboratory drug testing.

Who can use a 340B pharmacy?

In order to be eligible, the patient must receive health care services other than drugs from the 340B covered entity (although a sole exception exists for patients that are part of an AIDS drug purchasing assistance program that has ties to the government).

How does Program income work?

Program income is defined as gross income earned by the grantee that is directly generated by a supported activity or earned as a result of the Federal award during the period of performance.

What does expanded authority mean?

“Expanded authorities” or “Waiver of Authorities” refers to a limited number of actions that normally require prior approval by the awarding agency but for which the agency has waived its authority and given this authority to the grantee.

What is expanded authority NIH?

Expanded authorities are the operating authorities provided to grantees under certain research grant mechanisms that waive the normally-required sponsor prior approval for specific actions.