Opportunity Information: Apply for NCUA6054
Apply for NCUA6054
- The National Credit Union Administration in the community development sector is offering a public funding opportunity titled "Staff, Official and Board Member Training" and is now available to receive applicants.
- Interested and eligible applicants and submit their applications by referencing the CFDA number(s): 44.002 Community Development Revolving Loan Fund Program for Credit Unions.
- This funding opportunity was created on May 3, 2010 and posted on May 3, 2010.
- Applicants must submit their applications by Dec 31, 2010 Closes when funds are exhausted.. (Agency may still review applications by suitable applicants for the remaining/unused allocated funding in 2026.)
- The funding agency has allocated a total of $125,000.00 to eligible and selected applicants.
- Each selected applicant is eligible to receive up to $3,000.00 in funding.
- The number of recipients for this funding is limited to 42 candidate(s).
- Eligible applicants include: Others (see text field entitled Additional Information on Eligibility for clarification).
- CREDIT UNIONS ONLY. Credit unions with a low income designation may apply. This grant is NOT available to individuals, businesses, or not for profits. Only credit unions that have received a low income designation from the NCUA or from the state supervisory authority, with NCUA concurrence, are eligible.
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Opportunity Summary:
The Staff, Official and Board Member Training grant opportunity (Funding Opportunity Number NCUA6054) is a discretionary grant program run by the National Credit Union Administration (NCUA) under CFDA 44.002, the Community Development Revolving Loan Fund Program for Credit Unions. Its purpose is straightforward: to help eligible credit unions cover training-related education costs so they can strengthen staff skills, improve governance, and support effective management and oversight. Funding can be used to offset expenses tied to relevant training courses, workshops, conferences, or seminars, specifically including tuition as well as associated books and supplies.
This opportunity is designed for credit unions only, and eligibility is limited to credit unions that have a formal low-income designation. In practical terms, that means only credit unions recognized as low-income by the NCUA (or by a state supervisory authority with NCUA concurrence) can apply. The grant is not available to individuals, businesses, nonprofits, or other organizations outside that narrow eligibility group. There is no cost-sharing or matching requirement, so applicants are not required to contribute a set percentage of their own funds in order to receive support.
Applications are accepted on a rolling basis year-round, allowing eligible credit unions to apply at any time during the year rather than waiting for a single fixed submission window. At the same time, the program indicates it closes when funds are exhausted, meaning earlier submissions may have an advantage if the annual allocation runs out before the stated closing date. For the cycle reflected in the announcement, the posting and creation date is May 3, 2010, with a closing date of December 31, 2010 (or earlier if funding is depleted), and an archive date of January 1, 2011.
In terms of funding levels, the estimated total funding amount listed is $125,000, with an expected 42 awards. Individual awards have a ceiling of $3,000, and the floor is listed as $0, which typically signals that award size can vary based on the request, eligibility of costs, and program discretion, up to the stated cap. The activity category is community development, aligning the training focus with broader capacity-building goals for serving low-income communities and maintaining safe, sound, and effective credit union operations.
For more details and program resources, the announcement points to the NCUA credit union development finance page (http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx). Questions or issues accessing the full announcement can be directed to the listed grant administrator, Adrienne Grierson, at 703-518-6612 or via email at oscuiapps@ncua.gov.
Frequently Asked Questions (FAQs)
What is the Staff, Official and Board Member Training grant opportunity?
It is a discretionary grant program run by the National Credit Union Administration (NCUA) to help eligible credit unions pay training-related education costs. The goal is to strengthen staff skills, improve governance, and support effective management and oversight through relevant training.
What is the Funding Opportunity Number for this grant?
The Funding Opportunity Number is NCUA6054.
What CFDA program is this grant associated with?
This opportunity is offered under CFDA 44.002, the Community Development Revolving Loan Fund Program for Credit Unions.
Who is eligible to apply?
Only credit unions with a formal low-income designation are eligible. This means credit unions recognized as low-income by the NCUA, or by a state supervisory authority with NCUA concurrence.
Are individuals or non-credit-union organizations allowed to apply?
No. The opportunity is designed for credit unions only, and it is not available to individuals, businesses, nonprofits, or other organizations outside the low-income designated credit union eligibility requirement.
What kinds of expenses can the grant funds be used for?
Funding can be used to offset costs tied to relevant training courses, workshops, conferences, or seminars. The announcement specifically includes tuition and associated books and supplies as allowable types of costs.
Does the program only support training for staff, or can officials and board members be included?
The program is specifically described as supporting training for staff, officials, and board members, with an emphasis on improving governance and strengthening management and oversight capacity.
Is there a cost-sharing or matching requirement?
No. The announcement states there is no cost-sharing or matching requirement, so applicants are not required to contribute a set percentage of their own funds to receive support.
When can applications be submitted?
Applications are accepted on a rolling basis year-round, which means eligible credit unions can apply at any time during the year rather than waiting for a single submission window.
Does the program have a closing date?
For the cycle reflected in the announcement, the closing date is December 31, 2010, or earlier if funding is depleted.
What does it mean that the program closes when funds are exhausted?
It means that even though applications may be accepted on a rolling basis, the program can stop accepting or funding requests before the stated closing date if the available funding allocation runs out. Submitting earlier may improve the chance of being considered while funds remain available.
What is the posting (creation) date for the opportunity?
The posting and creation date listed is May 3, 2010.
What is the archive date?
The archive date listed is January 1, 2011.
How much total funding is estimated to be available?
The estimated total funding amount listed in the announcement is $125,000.
How many awards are expected?
The announcement lists an expected 42 awards.
What is the maximum award amount for an individual grant?
Individual awards have a ceiling of $3,000.
Is there a minimum award amount?
The floor is listed as $0. This generally indicates award amounts can vary based on what is requested, what costs are eligible, and program discretion, up to the stated maximum.
What is the activity category for this funding opportunity?
The activity category is community development, reflecting that the training focus supports broader capacity-building goals for credit unions serving low-income communities and maintaining safe, sound, and effective operations.
Where can applicants find more details and program resources?
The announcement points to the NCUA credit union development finance page: http://www.ncua.gov/Resources/CreditUnionDevelopment/Finance.aspx
Who can be contacted with questions or issues accessing the full announcement?
Questions or access issues can be directed to the listed grant administrator, Adrienne Grierson, at 703-518-6612 or by email at oscuiapps@ncua.gov.
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