Federal grant · formula grant (a)

Monmouth College

Funds Will Be Used to Provide Stabilization as a Result of the COVID-19 Pandemic, No Less Than Fifty Percent of Which Will Be Used to Provide Emergency Financial Aid Grants to Students.

Committed

$2.4 Million

Paid to

Monmouth College

UEI JXLVJJ9K3KC7

700 E Broadway, Monmouth, IL, 61462

Department of Education

Place

MONMOUTH, IL, UNITED STATES

IL-17

Performance

Apr 24, 2020 → Jan 16, 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

Monmouth College

Funds Will Be Used to Provide Stabilization as a Result of the COVID-19 Pandemic, No Less Than Fifty Percent of Which Will Be Used to Provide Emergency Financial Aid Grants to Students.

Committed

$2.4 Million

Paid to

Monmouth College

UEI JXLVJJ9K3KC7

700 E Broadway, Monmouth, IL, 61462

Department of Education

Place

MONMOUTH, IL, UNITED STATES

IL-17

Performance

Apr 24, 2020 → Jan 16, 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 ↗