NSP FAQ
Q

Do the regulations on program income, specifically regarding the "first in, first out," rule differ between the three different NSP programs?

Date Published: October 2012

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A

No, there is no difference related to expending program income prior to drawing funds from a grantee's line of credit. Program income must be tracked and used separately by NSP program. If the grantee has NSP1 or NSP2 program income on-hand, that does not affect their ability to draw NSP3 funds and vice versa.


Tags: NSP Financial and Grants Management - Program Income

FAQ ID:

972