What is a Federal Asset?

Equipment purchased with funding by Federal Agencies shall be either the property of the University or the Federal Agency according to the terms of the award as determined by the Grant Accounting Office. For federal-funded assets where title remains with the Federal Agency and for federal-furnished assets, the equipment is classified as "Federal-Titled" on PSAM's Federal Asset page.

Note: a federal asset is also known as a “Government-owned” asset.