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TeachMeFinance.com - explain Formula funds Formula funds The term 'Formula funds ' as it applies to the area of agriculture can be defined as ' Federal dollars distributed to the land grant colleges of agriculture through formulas found in the Hatch Act, the Smith-Lever Act, the McIntire-Stennis Act, and the Evans-Allen Act for (1) agricultural research at the state agricultural experiment stations, (2) extension programs and (3) forestry research at the land grant colleges of agriculture, and (4) research at the 1890 institutions, respectively'. Previous 5 Terms: Format Formation formic formicine formula Next 5 Terms: Formula pricing Formula quantity Formulary Formulary Drugs formulate About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.