http://www.insidehighered.com/sites/default/server_files/styles/blog_landing/public/confessions_of_a_community_college_dean_blog_header.jpg?itok=rd4sr8khBy Matt Reed. When I talk about grants with people who work at universities, it quickly becomes clear that what they mean, and what I mean, are entirely different. 
In my world, grants are given to institutions to achieve certain goals, usually involving getting more students through to graduation.  Although the funding sources and particular targets vary, most of them share a few features. Read more...