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Budget Management

Quiz by Melanie Johnson

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10 questions
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  • Q1
    The Higher Education Act of 1965 was reauthorized in 2008 as the Higher Education Opportunity Act and is intended to
    Question Image
    remove financial barriers to college for any academically qualified student
    create colleges that deliver tuition-free education to 1st generation students
    loan money to under-resourced students
    provide instructors additional financing to promote student success
    30s
  • Q2
    True or False? My institution’s policies and procedures supersede the Higher Education Opportunity Act (HEOA).
    Question Image
    False
    True
    30s
  • Q3
    An example of TRiO Legislation is…
    Question Image
    My Employer's Policies & Procedures
    EDGAR
    My Approved Grant Proposal
    The HEA (Higher Education Act)
    30s
  • Q4
    This is a REQUIRED SSS & McNair service:
    Exposure to cultural events
    introduction to a range of career options
    help applying for financial assistance
    mentoring programs
    30s
  • Q5
    The Electronic Code of Federal Regulations is where I can find…
    A copy of my budget
    Instructions on how to provide direct support to participants
    Federal regulations governing my program
    A copy of my approved grant proposal
    30s
  • Q6
    Allowable costs do NOT include…
    Transportation of participants & staff to and from approved educational & cultural activities sponsored by the project
    In-service training of project staff
    Costs involved in recruiting students for enrollment at the Institution
    30s
  • Q7
    The only time I need to get Prior Approval for budget revisions is when…
    All of the above
    There will be a change in a key person specified in the Grant Award Notification
    The budget revisions will result in a change of scope or the objective of my project
    The project director will be disengaged from the project for more than 3 months
    30s
  • Q8
    In order to manage my budget well, I should…
    Become comfortably familiar with legislation & regulation related to my program
    Memorize all of Title 34
    Rely on my program officer to notify me when I am out of compliance
    30s
  • Q9
    The acronym E.D.G.A.R. stands for…
    Education Department Gigantic Administrative Regulations
    Education Department General Administrative Regulations
    Educators Dispersing General and Advanced Recordkeeping
    Education Department General Accessible Regulations
    30s
  • Q10
    This is a PERMISSIBLE McNair & SSS service
    Exposure to cultural events & mentoring programs
    assistance with paying for childcare
    payment of college-application fee
    Grant aid for spring break vacation
    30s

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