Opportunity Information: Apply for SSA OAG 10 3

  • The Social Security Administration in the health sector is offering a public funding opportunity titled "SSA Financial Literacy Research Consortium" and is now available to receive applicants.
  • Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 96.007 Social SecurityResearch and Demonstration.
  • This funding opportunity was created on May 11, 2010 and posted on May 14, 2010.
  • Applicants must submit their applications by Jun 30, 2010 All applications must be submitted through www.grants.gov by the close date.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
  • The funding agency has allocated a total of $9,000,000.00 to eligible and selected applicants.
  • Each selected applicant is eligible to receive up to $4,000,000.00 in funding.
  • The number of recipients for this funding is limited to 3 candidate(s).
  • Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
  • Eligible applicant organizations are ONLY those already awarded by SSA for the Financial Literacy Research Consortium and having a current Budget Period with an end date of September 29, 2010.
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Opportunity Summary:

The SSA Financial Literacy Research Consortium grant opportunity (Funding Opportunity Number SSA OAG 10 3) is a discretionary cooperative agreement offered by the Social Security Administration to support a one-year continuation of work already underway within the Financial Literacy Research Consortium (FLRC). The purpose is not to launch new projects, but to provide up to twelve additional months of funding so existing SSA-funded FLRC efforts can continue beyond their current budget period, which ends on September 29, 2010. The program is authorized under Section 1110 of the Social Security Act and is framed around building a national resource for research and development that tests and advances ways to encourage savings by improving financial literacy.

This is a continuation-focused funding action rather than an open, competitive competition. Eligibility is limited strictly to organizations that already hold an SSA FLRC award and whose current budget period ends on September 29, 2010. In other words, only current consortium awardees can apply, and the opportunity is described as a non-competing continuation; because of that, SSA notes there is no standard published announcement in the usual sense. The agency still requires that applications be submitted through Grants.gov by the deadline.

From a funding and administrative standpoint, SSA anticipated making about three awards under this opportunity. The estimated total funding available is $9,000,000, with an award ceiling of $4,000,000. The funding instrument is a cooperative agreement, which generally means SSA expects substantial involvement in the project during the performance period (for example, coordination, technical input, or collaboration on deliverables), as opposed to a more hands-off grant structure. The opportunity lists a cost sharing or matching requirement, indicating awardees must contribute non-federal resources according to the terms of the continuation award.

Key dates include a posted date of May 14, 2010, with an application closing date of June 30, 2010 (and submissions required via Grants.gov by that date). The archive date is August 31, 2010. The opportunity is associated with CFDA 96.007 (Social Security Research and Demonstration) and is categorized under the activity area of Health, reflecting SSA's broader interest in research and demonstrations that can affect financial well-being and long-term economic security.

For applicants needing help obtaining or accessing the full announcement electronically, SSA provided a point of contact: Audrey Adams, Grants Management Specialist, at 410-965-9469.

Frequently Asked Questions (FAQs): SSA Financial Literacy Research Consortium (FLRC) Continuation Funding

What is the SSA Financial Literacy Research Consortium (FLRC) grant opportunity?

This opportunity (Funding Opportunity Number SSA OAG 10 3) is a discretionary cooperative agreement from the Social Security Administration (SSA) to fund a one-year continuation of work already underway within the Financial Literacy Research Consortium (FLRC). It is designed to extend existing SSA-funded FLRC efforts for up to twelve additional months beyond the current budget period.

Is this funding meant for new projects or for continuing existing work?

It is strictly continuation-focused. The stated purpose is not to launch new projects, but to provide up to twelve additional months of funding so current SSA-funded FLRC work can continue beyond its current budget period.

What is the goal of the FLRC work supported by this continuation?

The opportunity is framed around building a national resource for research and development that tests and advances ways to encourage savings by improving financial literacy.

What law authorizes this program?

The program is authorized under Section 1110 of the Social Security Act.

Who is eligible to apply?

Eligibility is limited strictly to organizations that already hold an SSA FLRC award and whose current budget period ends on September 29, 2010. Only current consortium awardees can apply.

Is this a competitive grant open to new applicants?

No. It is described as a non-competing continuation. SSA indicates it is not an open, competitive competition and notes there is no standard published announcement in the usual sense.

What is the funding instrument for this opportunity?

The funding instrument is a cooperative agreement. This generally means SSA expects substantial involvement during the performance period (such as coordination, technical input, or collaboration on deliverables), rather than a more hands-off grant structure.

How long can the continuation funding support the project?

Up to twelve additional months of funding are available under this continuation.

What is the current budget period end date that this continuation is meant to extend beyond?

The current budget period ends on September 29, 2010, and this continuation is meant to allow existing efforts to continue beyond that date.

How many awards does SSA expect to make?

SSA anticipated making about three awards under this opportunity.

How much total funding is available?

The estimated total funding available is $9,000,000.

What is the maximum award amount (award ceiling)?

The award ceiling listed for this opportunity is $4,000,000.

Is cost sharing or matching required?

Yes. The opportunity indicates a cost sharing or matching requirement, meaning awardees must contribute non-federal resources according to the terms of the continuation award.

When was this opportunity posted?

The posted date is May 14, 2010.

What is the application deadline?

The application closing date is June 30, 2010.

How must applications be submitted?

Applications must be submitted through Grants.gov by the deadline.

What is the archive date for this opportunity?

The archive date is August 31, 2010.

What CFDA number is associated with this grant?

This opportunity is associated with CFDA 96.007, titled Social Security Research and Demonstration.

What activity area/category is this opportunity listed under?

The opportunity is categorized under the activity area of Health, reflecting SSA's broader interest in research and demonstrations that can affect financial well-being and long-term economic security.

Who can I contact for help accessing the full announcement electronically?

SSA listed Audrey Adams, Grants Management Specialist, as the point of contact for help obtaining or accessing the full announcement electronically. Phone: 410-965-9469.

Does SSA still require an application even though this is a non-competing continuation?

Yes. Even though it is described as a non-competing continuation and not a standard open competition, SSA still requires that applications be submitted via Grants.gov by the closing date.

What does "substantial involvement" mean in the context of this cooperative agreement?

The opportunity explains that, under a cooperative agreement, SSA expects substantial involvement during the performance period, such as coordination, technical input, or collaboration on deliverables.

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