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What happens to the Standard Grant funds from Fiscal Year 2024?

Fiscal Year (FY) 2024 (FY24) funds will be carried over to future years, ensuring they support projects under the redesigned program. The FY24 Standard Grants funding of $1.4 million was reallocated to the standard grants cycles over the next five years. This means that $1.68 million will be available for standard grants in FY25-FY29.