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Find similar grantsInterest Income Requirements is sponsored by State of Louisiana. LA Interest Earned Worksheet <svg viewBox="-480 400 2330 710" fill="none" xmlns
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> INTEREST INCOME REQUIREMENTS The code of federal regulation, Title 34 -Education, Part 80 s ection 80. 21, requires grantees and sub -grantees to promptly, but at least quarterly, remit interest earned on advances to the appropriate federal agency. The grantee or sub -grantee may keep interest amounts up to $100 per year for administrative purposes.
Federal regulations do not require grantees and sub -grantees to return i nterest earned on federal funds on an individual program basis, interest may be returned in total for all federal programs.
To ensure compliance with federal administrative requirements, school district and charter school fiscal officials should develop in ternal controls and a sound methodology to calculate and return, at least quarterly, interest earned in excess of $100 on federal program funds. Interest calculation methodologies must be based on actual, not estimated, interest earnings on federal funds.
The following guidelines are designed to assist federal program grantees and sub -grantees (referred to below as grantee or grantees) in calculating interest on unspent federal program cash advances.
Calculating Interest When Federal Cash is or can be Se gregated from Other Grantee If federal funds are maintained in a manner in which the local education agency can specifically determine the amount of interest earned on federal funds for a particular period (at least quarterly), then that is the interest amount that should be reported and remitted to La. Department of Education .
The interest due on federal cash balances should reflect the actual amount of interest earned on the unspent federal program funding advances.
Therefore, interest calcula tions should be based on applicable interest rates applied to actual federal cash held in the Calculating Interest When Federal Cash is Pooled with Non -Federal Funds If federal funds are pooled with non -federal funds in the grantee’s ba nk, then the grantee must reasonably determine the federal portion of total earned interest for the period.
Since the amount of federal cash available for program costs can change daily, the grantee should apply applicable interest rates to the reporting p eriod’s average daily federal cash balances.
Average daily federal cash balances can be calculated by combining all federal program cash, both negative and positive, for each day of the reporting period, using federal program resource codes, then dividing by the actual number of days in the reporting period.
If the combined federal cash available under this approach is negative for any day during the period, the grantee must record the average daily federal cash balance as zero to avoid reducing or offsetti ng federal interest earnings for the temporary use of non -federal cash resources for federal programs (see the sample calculation methodology below for an example of this situation).
If the grantee includes non -federal match funding in the federal program resource codes, the grantee may reduce the daily federal cash balances by the corresponding proportionate share of required cash match for each program.
For example, if federal program Title XYZ has a 20 percent match requirement and the grantee accounts for the non -federal match in the Title XYZ federal program resource code, then the 20 percent proportionate share of match may be excluded from the calculated daily and average daily balances.
Sample Calculation Methodology – Federal Interest Total of al l Federal Daily Balances in Reporting Period (e.g. January 1 – January 31) = $17,700 Step 1: Calculate the Average Daily Balance • Divide the Total of all Daily Balances in Reporting Period by the actual number of days in • Total of all Daily Balances in Reporting Period = $17,700 • Actual Number of Days in Reporting Period = 31 • Average Daily Balance = $571 Step 2: Calculate the Annual Interest Amount • Multiply the Average Daily Balance by the Actual Interest Rate • Average Daily Balance = $571 • Actual Interest Rate = 2.
4267% • Annual Interest Amount = $14 Step 3: Calculate the Daily Interest Amount • Divide interest amount by number of days in year. • Annual Interest Amount = $14 • Number of days in year = 365 • Daily Interest Amount = $0. 038 Step 4: Calculate the Total Federal Interest Due • Multiply the Daily Interest Amount by number of days in reporting period • Daily Interest Amount = $0.
038 • Number of days in reporting period = 31 • Total Fe deral Interest Due = $1. 18 Note: For federal interest calculation purposes, combined daily cash balances cannot be negative. Negative combined daily balances would reduce or offset federal interest earnings due to the temporary use of non -federal cash re sources.
Therefore, any negative combined daily balances should be zero in calculating interest on federal cash balances . A sample interest calculating worksheet is attached for your review. All state funds interest earned on grant funds may be retained by the grantee and become part of grant principal, unless stated otherwise in the written grant agreement.
All interest earned on state grant funds during the grant period must be spent by the grantee during the grant period. Interest fund s not expended or obligated at the end of the grant period and any interest earned on grant funds after the grant period has expired, must be returned to the state within 45 days following the end of the grant period.
Returning Interest Interest should be returned using the following guidelines: • Checks for interest earned on state and federal funds should be made payable to the Louisiana • Checks should not include the return of unexpended disbursements from the Louisiana Department of Education.
Even though unexpended disbursements and interest payments are made payable to the Louisiana Department of Education, separate checks should be issued for • Checks should be accompanied by a statement identify ing the program and the program year from which the interest was earned. • All checks should be mailed to: Louisiana Department of Education Appropriation Control Division
According to the current listing, eligibility includes: See the Louisiana grants portal for complete eligibility requirements. Confirm the full requirements in the official notice before applying.
Interest Income Requirements is funded by State of Louisiana. Verify program details on the funder's official page before applying.
This opportunity targets applicants in Louisiana. If your organization operates elsewhere, check the official notice for location requirements.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
The EuroHPC Joint Undertaking launched its AI Gigafactories call on 30 July 2026 as a joint procurement, not a conventional research grant, and that distinction shapes who should respond. It seeks consortia or Special Purpose Vehicles bringing together companies, public entities, investors and other partners to establish up to seven AI Gigafactories across Europe - facilities that combine massive computing power and state-of-the-art AI processors with the software and cloud technology stacks, high-bandwidth connectivity and energy-efficient data centres needed to deliver frontier AI training, fine-tuning and inference at scale. This is the tier above the 19 AI Factories and 13 AI Factory Antennas EuroHPC already oversees, which serve SMEs and startups with free customised support; the Gigafactories are aimed at frontier-scale sovereign capacity. The financing model is blended: EuroHPC expects total private investment of more than EUR 20,000,000,000 across the EU, with successful projects receiving varying levels of EU and national co-funding calibrated to the size and range of sovereign services offered. Per-facility EU contributions have deliberately not been published, so applicants must build their own capital stack and negotiate co-funding rather than apply against a fixed grant envelope. Facilities may be established in a single Member State or span several, and cross-border developments are explicitly welcomed. The reference is EUROHPC-2026-CEI-AIGF-01 and the deadline is 12 November 2026 at 16:00 CET. Realistically this is a call for infrastructure-grade consortia with credible access to billions in capital, energy siting and hyperscale operations experience - not for individual research groups or early-stage startups, who should instead route through the existing AI Factories network.
HMGCC Co-Creation and Dstl are seeking an edge device that processes video and audio from off-the-shelf smart glasses and stitches frames into high-fidelity 3D maps for reconnaissance. The minimum deliverable is a TRL 4 proof of concept. AI, computer vision and machine learning are listed technology themes, for example algorithms that compensate for head movement while stitching frames. Essential requirements are a report on where smart-glasses data flows and who can access it, good daytime urban imagery, and a camera-based 3D map. Desirable features include low-light imaging, audio fusion, testing across several manufacturers and a three-year manufacturer roadmap, and the stretch goal is fusing audio and visual data to handle reflections and solid walls. Redesigning or physically modifying the glasses is out of scope, and data handling must comply with GDPR and manufacturer terms. The total budget is up to £60,000, about US$80,000, excluding VAT, with on average two providers funded for a 12-week project. Questions are due 29 October, pitch day is 25 November, and kick-off is targeted for January 2027. Applications close on 12 November 2026 at 17:00 UK time.
HMGCC Co-Creation and Dstl are seeking proof-of-concept small robots that can move through confined built environments across at least two of water, land and air, at TRL 4 or above. Essential requirements are a payload of at least 100 g, a demonstration in a representative built-environment scenario, and a final report with a development roadmap. Desirable features include operation in all three domains, up to one hour of operation, autonomous navigation, operation with intermittent GNSS, travel through ducts or pipes, a volume under 0.01 cubic metres and a mass under 1 kg. Humans must keep responsibility for operational decisions, and the system must not depend on continuous public cloud access. Funding is up to £60,000, about US$80,000, excluding VAT, and on average two providers are funded per challenge. The call opened on 12 October 2026. Applicants are notified on 23 November, pitch day is 7 December, and kick-off is targeted for January 2027 for a project of about 10-12 weeks. Applications close on 12 November 2026 at 17:00 UK time.