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A no-cost extension lets a nonprofit extend a grant project period without receiving more funds, allowing time to complete objectives with existing resources.
Yes, most grantors require formal approval and a justification for why the extension is needed.
No, a no-cost extension only extends the timeline. It does not provide any additional funding.
Requests typically include reasons for the delay, a plan for remaining funds, and an updated project timeline.
Aplos allows you to update project dates and monitor spending, ensuring compliance and accurate reporting during the extension period.