Financial Management Handbook For Federal and State Grant Programs Federal and State Grant Programs 2025

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The federal government awards hundreds of billions of dollars in grants to state and local governments each year. These grants help finance a broad range of services, including health care, education, social services, infrastructure, and public safety.
A Grant Management System is a software solution designed to help organizations manage every stage of the grant lifecycle. From the initial submission and application review to the disbursement and reporting of funds, a GMS can make the entire process more efficient and transparent.
To be a finance manager, you usually need: A diploma or degree in finance, accounting, or business.
Grants management occurs after the award has been made and includes the processes of overseeing the projects and activities that must be executed to meet the grant funding goals.
Federal financial management involves the planning, executing, and overseeing of financial resources within the context of the federal government.
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Determines objectives, sets priorities, and delegates work. Accepts responsibility for mistakes. Complies with established control systems and rules. Knowledge of procedures for assessing, evaluating, and monitoring programs or projects for compliance with Federal laws, regulations, and guidance.

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