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38 CFR § 48.605 - Award.

---
identifier: "/us/cfr/t38/s48.605"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "38 CFR § 48.605 - Award."
title_number: 38
title_name: "Pensions, Bonuses, and Veterans' Relief"
section_number: "48.605"
section_name: "Award."
chapter_name: "DEPARTMENT OF VETERANS AFFAIRS"
part_number: "48"
part_name: "GOVERNMENTWIDE REQUIREMENTS FOR DRUG-FREE WORKPLACE (FINANCIAL ASSISTANCE)"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "41 U.S.C. 701,  38 U.S.C 501"
regulatory_source: "68 FR 66557, 66619, 66620, Nov. 26, 2003, unless otherwise noted."
cfr_part: "48"
---

# 48.605 Award.

*Award* means an award of financial assistance by the Department of Veterans Affairs or other Federal agency directly to a recipient.

(a) The term award includes:

(1) A Federal grant or cooperative agreement, in the form of money or property in lieu of money.

(2) A block grant or a grant in an entitlement program, whether or not the grant is exempted from coverage under 2 CFR part 200.

(b) The term award does not include:

(1) Technical assistance that provides services instead of money.

(2) Loans.

(3) Loan guarantees.

(4) Interest subsidies.

(5) Insurance.

(6) Direct appropriations.

(7) Veterans' benefits to individuals (*i.e.,* any benefit to veterans, their families, or survivors by virtue of the service of a veteran in the Armed Forces of the United States).

[68 FR 66557, 66619, 66620, Nov. 26, 2003, as amended at 80 FR 43322, July 22, 2015]