Financial records for SNAP grants follow the same retention requirements as any other awards. We use the trigger date of submission of the Financial Status Report (FSR) to begin the retention count-down. The retention period is 6 years after submission of the FSR.
For most other types of awards an FSR is submitted annually or sometimes quarterly through the life of the grant. As a result a department will rarely have accumulated more than 1 year of financial records before the retention period begins.
For a SNAP grant only one FSR is submitted. This submission takes place at the end of the renewal period. We still follow the 6 year retention period for financial records but because we only submit one FSR, a department will have accumulated several years of financial records before that retention period begins.