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Drexel University and SubsidiariesFinancial Statements and Schedule of Expenditures of Federal Awards and Reports in Accordance with Uniform Guidance For the Year Ended June 30, 2020, EIN # 231352630Drexel
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Review the specific guidelines and requirements for the federal awards you received.
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A report on federal awards is a documentation that details the federal funds received and the expenditures made by organizations that have received federal grants or contracts.
Organizations that receive federal funds, including non-profits, state and local governments, and educational institutions, are required to file a report on federal awards.
To fill out a report on federal awards, organizations need to collect data on all federal funds received, categorize the expenditures made, and complete the necessary forms as specified by the federal awarding agency.
The purpose of the report on federal awards is to provide transparency and accountability for the use of federal funds, ensuring that they are used effectively and as intended.
Information that must be reported includes the total amount of federal funds received, expenditures made, program performance data, and compliance with federal regulations.
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