eGrants offers a comprehensive planning tool that aligns school plans with a single district plan. In addition, the planning tool allows districts and schools to create relationships between plan elements and grant funds. This unique design allows local education agencies to eliminate the redundancy that comes with creating separate plans for each grant application.
eGrants provides an administrative component that allows the state education agency to identify the grant award for all grantees in one easy step. Once the allocation amounts have been identified, the system uses that value to place caps on budgeting and payment processing.
Application and Budgeting
eGrants guides grantees through the application process by providing a consistent interface for all grants. The system offers state education agencies the flexibility to process groups of grants in a consolidated application or as a single grant.
The application process includes budgeting, program activities, and document upload. In addition, the system’s business rules ensure applications are not allowed to move forward with invalid entries. The system allows the grantee to initiate and complete budget revisions. Changes are tracked between revisions so that reviewers can quickly approve or reject budget amendments.
Once the grant application receives initial approval, the local education agency may start requesting payments through eGrants automated fund request process. Fund requests may not be submitted to the state until the expenditures align with the approved budget amount. Additionally, eGrants has the capability to interface with the state accounting system to initiate the payment disbursement to the grantee.
An important part of administering education grants is tracking LEA activities to ensure funds are being spent in accordance with federal guidelines. The eGrants monitoring component allows SEAs to track, analyze, and monitor program compliance based on state-specific processes.
Final Expenditure Reporting
At the end of the fiscal year, the local education agency is required to complete its final expenditure report. Final expenditure reports may not be submitted to the state until the expenditures align with the approved budget amount.
If the local education agency did not expend all of its funds, it may carry over remaining funds for most grants into the next year fiscal year. The carryover process is completely automated by the system.
eGrants offers a robust reporting component that allows the state education agency to aggregate any data being collected through the system. The reporting tool is a valuable component for monitoring fiscal processing.