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.




Related Programs



Agency - Department of Education

The Department of Education ensures equal access to education and promotes educational excellence through coordination, management and accountability in Federal education programs. The Department works to supplement and complement educational efforts on all levels, encouraging increased involvement by the public, parents and students.




Selected Recipients for this Program


RecipientAmount Start DateEnd Date
University Of Houston System $ 608,757   2013-10-012018-09-30
Hampton University $ 606,905   2013-10-012018-09-30
Chicago State University $ 588,371   2013-10-012018-09-30
Florida A & M University $ 574,906   2013-10-012018-09-30
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   
$ 0   



Program Accomplishments

Fiscal Year 2016: No Current Data Available. Fiscal Year 2017: No Current Data Available Fiscal Year 2018: No Current Data Available

Uses and Use Restrictions

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.

Eligibility Requirements

Applicant Eligibility

Eligible institutions include institutions of higher education (IHE) grantees receiving grants from the Historically Black Graduate Institutions (HBGIs) program (84.031B); the Master's Degrees Programs at Historically Black Colleges and Universities (HBCUs) (84.382G); the Promoting Postbaccalaureate Opportunities for Hispanic Americans program (84.031M); and the Master's Degree Programs at Predominantly Black Institutions (84.382D).

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 applicant eligibility section. This program is excluded from coverage under 2 CFR 200, Subpart E - Cost Principles.

Aplication and Award Process

Preapplication Coordination

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 Procedures

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 Procedures

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.

Authorization

Social Security Act, Part 1110(a), 42 U.S.C 1310(a).

Range of Approval/Disapproval Time

From 60 to 90 days.

Appeals

Not Applicable.

Renewals

Not Applicable.

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 are awarded for 12-month periods for a total project period of up to 48 months. Method of awarding/releasing assistance: lump sum.

Post Assistance Requirements

Reports

Program reports requirements will be included in the grant award documents.

Cash report requirements will be included in the grant award documents.

Progress report requirements will be included in the grant award documents.

Expenditure reports are not applicable.

Performance monitoring reports requirement will be included in the grant award documents.

Audits

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. Compliance with standard Department of Education requirements.

Records

Reporting requirements are found in EDGAR 74.53(b).

Financial Information

Account Identification

91-0201-0-1-503.

Obigations

(Project Grants) FY 16 $480,000; FY 17 est $480,000; and FY 18 est $480,000

Range and Average of Financial Assistance

Estimated Range of Awards :$60,000-$120,000. Estimated Average Size of Awards:$90,000.

Regulations, Guidelines, and Literature

The requirements set forth in CFDA 96.007 will be used for this program. (a) The Education Department General Administrative Regulations (EDGAR) in 34 CFR parts 74, 75, 77, 79, 80, 81, 82, 84, 86, 97, 98, and 99. (b) The Education Department debarment and suspension regulations in 2 CFR part 3485. (c) The Social Security Administration program regulations in 20 CFR parts 435 and 437. 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. Contact the program office for more information.

Information Contacts

Regional or Local Office

None.

Headquarters Office

Karen Epps 400 Maryland Ave., SW, Washington, District of Columbia 20202 Email: karen.epps@ed.gov Phone: (202) 453-6337

Criteria for Selecting Proposals

Contact the program office for program criteria.



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