You can apply up to $100,000 in grant funds. In this category, the match rate will increase within each tier, described below. Schools are not required to apply for the maximum amount and should choose the tier that best works for their needs and financial match capabilities.
Tier 1
If you choose to apply for $35,000 and below, a 25% match is required.
For Example:
- $35,000 grant funds x 25% match = $8,750 match amount
- Total amount allocated to the project: $35,000 grant funds + $8,750 match = $43,750
- To request reimbursement, the school must show proof of payment and an invoice. Partial payments may be requested, but the match must be reflected in each request.
- Total amount reimbursed to school = $35,000
Tier 2
If you choose to apply for $35,001 up to $50,000 in grant funds, a 50 % match is required.
For Example:
- $50,000 in grant funds X 50% match = $25,000 match amount
- Total amount allocated to the project: $50,000 grant funds + $25,000 match = $75,000
- To request reimbursement, the school must show proof of payment and an invoice. Partial payments may be requested, but the match must be reflected in each request.
- Total amount reimbursed to school = $50,000
Tier 3
If you choose to apply for $50,001 up to the maximum of $100,000 in grant funds, a 100 % match is required.
For Example:
- $100,000 in grant funds X 100% match = $100,000 match amount
- Total amount allocated to the project: $100,000 grant funds + $100,000 match = $200,000
- To request reimbursement, the school must show proof of payment and an invoice. Partial payments may be requested, but the match must be reflected in each request.
- Total amount reimbursed to school = $100,000
Examples based on an ADM from 1-500
If you know the total cost of the project, you can determine the exact amount of money required to spend in order to be reimbursed grant funding.
For instance, if the total project cost to employ an SRO is $50,000, it might be appropriate to only request $35,000 in grant funds.
- $35,000 grant funds X 25% match = $8,750 match amount
- Total amount allocated to the project: $35,000 grant funds + $8750 match = $43,750
- Total amount reimbursed to school = $35,000
However, if more than $35,000 is requested, a 50% match is required.
- Based on this, a request for $36,000 would require an increase in the match requirement for a school.
- $36,000 in grant funds X 50% match= $18,000 match amount
- Total amount allocated to the project: $36,000 grant funds + $18,000 match = $54,000
- Total amount reimbursed to school = $36,000