Certified Research Administrator Practice Exam

Program income refers to the revenue generated from the activities conducted under a federal grant, which may be considered part of the project or program funded by the grant. This includes income earned as a direct result of the grant-supported activities.

Rental or usage fees from equipment purchased with federal funds are considered program income because these fees are a direct outcome of the use of grant-funded resources. Such income directly contributes to the sustainability of the project and can be used to further the goals of the grant, often needing to be reported and possibly reinvested according to the funding agency's guidelines.

In contrast, the other choices do not qualify as program income in the same manner. Petty cash reimbursements are typically not income and relate to cash management practices. Tuition from training grant programs does generate income, but it might be subject to specific regulations depending on how the grant was structured. Reimbursement for medical services typically pertains to cost reimbursement mechanisms rather than income generated from the grant-supported activities.