WPC  aHb]u Wkb+-;˭7W_lPV;b ej.Ajv"SrʌlS(TAƏ*1Mbfn205q'W2|"~w2-q70rH_ ,@ӡ(]MЙ &v`C5@WjǖE݆3L>P+)L=,ꪯps2xx_=Ȋ}ub7ZЖx. 90@>Y L#< Lj@UXOFt`I5Q*{1XEM U)D¡]=>{du /8Kܽ:m+q[Z[٢_5uL Tn<o a."\wh04[=*^Rˉtjۜxp*YWM>XxSOUI]AjqRMq:$LQ| #!UN %  0(^ 7w@C4 mXerox Doc Centre 220/230 PS20(9 Z6Times New Roman RegularX($ ) wxEyzE{|E}~EDۖ)ڂ3|xU !  GrantsandContractsFAQsThisbeginsaseriesofFAQs.Afterquestions/responsesappearintheComunique,theywillbeindexedonExtensionsGrantWebPage.lToaskyourownquestionllIfyouhaveaquestiontoaddl,visitthegrantswebpageandask.hHwttpwxw??wxy://www.ag.oyzyghyz{hiostate.edu{|{?{|}/~grants/}~}~}~ Question:Whatisthedifferencebetweenproposals,grants,contracts,andagreements? 8   Answer: A proposal (invitedorcompetitive)isaplanforaprojectthatyousubmittoapotential  ` fundingsource.Itusuallyincludesabriefprojectoverview,justification,objectivesanddesiredoutcomes,andaproposedbudget.A grant iswhatthefundingsourcegivesyouwhenthey  <  choosetofundyourproject.(Wewriteproposals;wereceivegrants.)Grantsusuallyresultinsomekindofformallegaldocumenta contractoranagreement 󀄀that   specifiesthetermsandexpectationsofthegrantforallpartiesinvolved.Althoughwetendtothinkacontractisformalanddetailed,andanagreementismorecasualandgeneral,botharelegallybinding.Whenyousigncontractsandagreementsyouaremakingapromisetodosomethinginexchangeforsomekindofcompensation.Beforesigningyournametoeither,makesureyouunderstandwhatyouarepromisingtodoandthattherearenohiddensurprisesburiedinthelegalese.