Post assistance requirements...
The educational allowance will not be paid if participants do not pursue their courses in accordance with established policies and regulations of the educational institution they attend, and are not making satisfactory progress as required by law and VA regulations. Students must verify their pursuit at institutions of higher learning and for courses not leading to a standard college degree on a monthly basis. Attendance for OJT/apprenticeship training also must be certified monthly. Students certify lessons completed under correspondence training on a quarterly basis.
This section indicates whether program reports, expenditure reports, cash reports or performance monitoring are required by the Federal funding agency, and specifies at what time intervals (monthly, annually, etc.) this must be accomplished.
This section discusses audits required by the Federal agency.
The procedures and requirements for State and local governments and nonprofit entities are set forth in OMB Circular No. A-133.
These requirements pertain to awards made within the respective State's fiscal year - not the Federal fiscal year,
as some State and local governments may use the calendar year or other variation of time span designated as the fiscal year period,
rather than that commonly known as the Federal fiscal year (from October 1st through September 30th).
This section indicates the record retention requirements and the type of records the Federal agency may require.
Not included are the normally imposed requirements of the General Accounting Office.
For programs falling under the purview of OMB Circular No. A-102, record retention is set forth in Attachment C.
For other programs, record retention is governed by the funding agency's requirements.