What is Institutional grants (unrestricted) (allowances) ?
Institutional grants (unrestricted) (allowances) meaning Scholarships and fellowships awarded to students from unrestricted institutional resources. Private institutions generally report these grants as allowances. If control over these resources passes to the student, the amount is reported as an expense. (Used for reporting under FASB Standards.)
reference: IPEDS Data Collectrion System – Glossary