Am I correct in the directions for the grant that the 10% applicant share is figured on the total dollar value of the project not the amount of money you are asking for?
The reason I'm asking is if you have a project that costs $50,000 (and you have no other dollars towards this project) your share (10%) would be $5000.
Now, a different dept. has the same $50,000 project but they have secured other funding in the amount of say 25,000 so they would be aasking for a grant of $25,000 but being that the total project cost is $50,000 they would still pay a 10% sahre of $5000?
What say the experts? The help line told me it's on the total project cost.
thanks!
The reason I'm asking is if you have a project that costs $50,000 (and you have no other dollars towards this project) your share (10%) would be $5000.
Now, a different dept. has the same $50,000 project but they have secured other funding in the amount of say 25,000 so they would be aasking for a grant of $25,000 but being that the total project cost is $50,000 they would still pay a 10% sahre of $5000?
What say the experts? The help line told me it's on the total project cost.
thanks!
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