Federal financial assistance.

§ 25.406 Federal financial assistance. (a) Federal financial assistance, for the purposes of this part, means assistance that entities received or administer in the form of: (1) Grant; (2) Cooperative agreements (which does not include a cooperative research and development agreement pursuant to the Federal Technology Transfer Act of 1986, as amended (15 U.S.C. 3710a)); (3) Loans; (4) Loan guarantees; (5) Subsidies; (6) Insurance; (7) Food commodities; (8) Direct appropriations; (9) Assessed or voluntary contributions; or (10) Any other financial assistance transaction that authorizes the non-Federal entity's expenditure of Federal funds. (b) Federal financial assistance, for the purposes of this part, does not include: (1) Technical assistance, which provides services in lieu of money; and (2) A transfer of title to federally owned property provided in lieu of money, even if the award is called a grant.