Don't Confuse Stimulus Money With Our Regular Budget
<< previous · NIAID and the Economic Recovery Act · next >>
Table of Contents
Introduction
Understanding how the stimulus affects NIH-funded investigators requires a new mindset.
- Stimulus funds come from a different pot of money than our regular budget, which we may not mix with our regular appropriation -- go to Paylines and Funding.
- We need to manage and account for the use of those funds separately.
- Stimulus funds are two-year monies so we must spend all the money by September 2010. Though grantees are not required to spend their funds by September 30, 2010, the legislation intends that they will use the funds promptly to stimulate the economy.
- Because the driving purpose is to stimulate the economy, you -- the grantee -- must spend the money quickly, as well as appropriately. For details, see Change Your Mindset for Spending on What You Need to Do if You Get Stimulus Funds.
The factors listed above and other legal requirements limit the types of awards we can make withstimulus funding, shaping the approach described on How NIAID Is Spending the Stimulus Money.
Two Types of Funding
In some cases we are awarding grants with two years of stimulus money and later years with regular appropriated funds. Read more in What You Need to Do if You Get Stimulus Funds.
Go to Paylines and Funding for details on NIAID Paylines and Financial Management Plan information for the regular budget.
<< previous · NIAID and the Economic Recovery Act · next >>
The information on this page is specific to NIAID. For NIH-level information, see NIH and the ARRA, which includes NIH-wide Grant Funding Opportunities Supported by ARRA. For other institutes, see Institutes, Centers, and Offices.
To keep up with news, visit our log of Recent Changes to the NIAID and the Economic Recovery Act Section or  Subscribe to get email updates. |
