Federal grant · formula grant (a)

Virginia Union University

Discretion Will Be Used in Determining Which Students Are in Significant Need by Prioritizing the Greatest Needs of Students. an Established Maximum Funding Threshold Will Be Used for Each Student.

Committed

$5.3 Million

Paid to

UEI Q7CRZX7MD775

1500 N Lombardy ST, Richmond, VA, 23220

Department of Education

Place

RICHMOND, VA, UNITED STATES

VA-04

Performance

Apr 23, 2020 → May 13, 2022

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗

Federal grant · formula grant (a)

Department of Education

Education Stabilization Fund to

Virginia Union University

Discretion Will Be Used in Determining Which Students Are in Significant Need by Prioritizing the Greatest Needs of Students. an Established Maximum Funding Threshold Will Be Used for Each Student.

Committed

$5.3 Million

Paid to

Virginia Union University

UEI Q7CRZX7MD775

1500 N Lombardy ST, Richmond, VA, 23220

Department of Education

Place

RICHMOND, VA, UNITED STATES

VA-04

Performance

Apr 23, 2020 → May 13, 2022

How to read these numbers

One award, start to finish: Everything here is this single award's whole record — signed, amended, paid — not a fiscal-year slice. The by-year charts elsewhere split an award across the years it was committed; this page keeps it whole.
Committed vs. ceiling: Committed is what the government has legally promised on this award so far. Contracts can also carry a ceiling — the maximum if every option is exercised. Unspent ceiling is headroom, not money owed.
Paid out: The cash actually disbursed against this award. The gap from committed is the disbursement pipeline: promised, not yet cashed.
The ledger: Each transaction is a signing event — an action that created or changed the award, dated the day it was signed — not a payment. Negative amounts are real: money de-committed at closeout or renegotiation.
The money bar: One bar, the award’s whole arithmetic: paid out, then committed, not yet paid, then .

Source

This award on USAspending.gov ↗