Applicants interested in reviewing the terms and conditions for accepting a grant or loan award under the Rural Utilities Service (RUS) Broadband Initiatives Program (BIP) should refer to the following documents. Current RUS Borrowers are those applicants with outstanding RUS debt. New Participants are either first-time RUS grantees/borrowers or former RUS borrowers. Applicants and Awardees cannot modify these agreements. Funding for each recipient is contingent upon its meeting the conditions of the applicable agreement.