Rockford University

Due to the Stock Market Losses and Spike in Unemployment, Gifts to the Institution’s Annual Fund, Which Is Counted on for Operating Expenses, Are Down. These Funds Will Cover Some of the Shortfall.

Committed

$293,249

Paid to

Rockford University

UEI M2GBZJ6D3P96

5050 E State ST, Rockford, IL, 61108

Department of Education

Place

ROCKFORD, IL, UNITED STATES

IL-17

Performance

May 28, 2020 → Aug 5, 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

Rockford University

Due to the Stock Market Losses and Spike in Unemployment, Gifts to the Institution’s Annual Fund, Which Is Counted on for Operating Expenses, Are Down. These Funds Will Cover Some of the Shortfall.

Committed

$293,249

Paid to

Rockford University

UEI M2GBZJ6D3P96

5050 E State ST, Rockford, IL, 61108

Department of Education

Place

ROCKFORD, IL, UNITED STATES

IL-17

Performance

May 28, 2020 → Aug 5, 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 ↗