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Government Grants Explained

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Many articles and websites have been devoted to Government Grants and various federal and state programs where money awarded does not have to be repaid.
Sounds perfect, but there is still one question: if the money is free how come not all the money is awarded, and the government ends up with funds being unclaimed at the end of the year in some of their grant programs? It seems there is only one answer to the question above.
People do not know how to take advantage of the grants.
They do not know how to discover and apply for them.
That is the very reason why this article came about.
When we hear that our government is giving something away, we assume it is free.
The assumption is incorrect.
Our government does not have its own money, but rather it collects US dollars by taxing the society.
This means the money behind government grants is ours and it is not really free.
The good news is we can try to take it back in form of grants as we have every right to apply for our own money.
This is the best shot hard working individuals have to regain taxed dollars.
At this point you are wondering how to take my money back.
Well it is simple.
All you need is a passion.
In case you do not have a passion, try to come up with something that could interest you in the near future.
Now you are saying "Great, every marketing book starts with stuff related to passion and slogans like that.
" Do not be so negative, government grant opportunities are design for specific professions.
This means you must have a specific field you like, and you will be useful to the government performing tasks in that particular profession.
Below we will list and talk about all the grant categories, and you will be able to see there is something for everyone.
Before we jump into the grants, let us have few words explaining how grants work.
Grants are awarded based on eligibility and fund availability.
They do not have to be repaid and long as the applicant remains eligible.
Knowing this one can safely assume government grants mostly work on first come first serve bases.
State and federal government agencies give grants to individuals, businesses, nonprofit organizations, as well as other government agencies.
All these applicants will have to go through the same application process.
First you must find the grants.
One you find the grants you are interested in you have to fill out and submit your grant application.
The applications and directions can be downloaded from the government website which is a central for government grants.
Every grant program has a deadline, so must submit your paperwork on time.
Once you are approved for a grant program the government will deposit money into your bank account in most of the cases.
Next a program officer will be assigned to whom you will report and direct any questions during the program.
This is how grants work.
Now you have a great understanding how federal grants and state grants work, let us see what is available to us.
Following are the major grant categories: Agriculture, Arts, Business and Commerce, Community Development, Consumer Protection, Disaster Prevention and Relief, Education, Employment, Labor and Training, Energy, Environment, Food and Nutrition, Health, Housing, Humanities, Income Security, Social Services, Information, Statistics, Law, Justice, Legal Services, Natural Resources, Recovery Act, Regional Development, Science, Technology, Research and Development, and Transportation.
Not enough? There are Other Grants as well.
The list of grant categories is overwhelming, so let us select few major categories and describe them.
Some of the most common are: Education Grants, Housing Grants, Business Grants, and Medical Grants Education Grants Grant Budget is $100 billion.
Education grants are one of the favorites when it comes to Financial Aid.
In most of the time these awards do not have to be repaid.
They should be your first method of financing your education.
These grants are provided by the governments to help the youth with tuition payments and other expenses.
Some of the famous college grants include: National SMART Grant, TEACH Grant, Academic Competitiveness Grant, and Pell Grants.
Education grants exist for both undergraduate and graduate students.
Housing Grants Grant Budget is $42 billion.
These grants are targeted at new or current homeowners who are purchasing a new home, renovating their current one, or investing in the real estate market in general.
This program is very broad as the grant award can range from $500 to $5,000,000.
Housing grants do not have to be repaid which makes them very popular.
These grants cover most types of real estate.
This is the very grant category which goes unclaimed every year.
American citizens are simply not aware of this program.
Anyone can quality for this type of program.
If you are an investor, community project planner, or a US tax-paying citizen you can and you should apply.
Business Grants Grant Budget is $34 billion.
The idea behind business grants is to promote the launch of small businesses.
The government believes small business helps to create jobs and boost local economies.
Instead of taking out business loans, companies can apply for business grants and receive funding that does not require reimbursement.
Businesses located in areas of poor economic standing have a high chance of success with this grant application.
When applying for business grants, new entrepreneurs can expect to be required to submit a business plan that highlights the company goals, mission, services and products, target market and more.
A very smart business plan could be your ticket to successfully landing your business government grant.
Medical/Health Grants Grant Budget is $260 billion.
Medical grants are very popular these days.
These grants exist for nearly every type of medical problem.
Those citizens who have problems with paying medical bills can apply for medical grants.
The medical grant provides accessible insurance to low-income families.
Both Medicaid and Medicare are part of the governments medical grant programs, which help ensure that all American people have access to health coverage.
If you are studying to become a doctor, or collecting medical research, you could qualify for medical research grants or scholarships.
These grants do not have to be repaid.
Who is Eligible The following groups are eligible for government grants: Government Organizations, Education Organizations, Public Housing Organizations, For-Profit Organizations, Small Businesses, Individuals.
Green card holders are eligible for government grants.
In case you need more information on eligibility please look up Eligibility Tutorial.
How to Apply Visit the US Government portal for all government grants.
In order to apply for a grant, you and/or your organization must complete the registration process.
Registration can take between three-five business days or as long as two weeks if all steps are not completed in a timely manner.
Register for grant opportunities now.
Visit their portal and following the following steps: 1.
Download a Grant Application Package 2.
Complete the Grant Application Package Step 3.
Submit the Completed Grant Application Package 4.
Track the Status of a Submitted Grant Application Package Where to Apply Below are full contact details for US Government Grants Programs: Phone: 1-800-518-4726 U.
S.
Postal Service Mail Address: U.
S.
Department of Health and Human Services 200 Independence Avenue, S.
W.
Washington, DC 20201 Economic Times and Grants Living through and starting a business in a recession has its pluses.
More government aid is added for students and new business as money is invested into the future.
This means right now its a perfect time to start a new business or go to college.
Average grant award per student was $2,278 in 2009 with a max award being $5,350.
$5,350 per year is a great sum of money for college.
Most of college grants do not have to be repaid therefore making this the perfect grant to apply for if you are planning to go to college.
To Sum it All Up Government grants exist that could help you sponsor your venture.
The success of this venture is within your own hands.
Find something that interests you and apply for free government grants as you have nothing to lose.
Remember, those who are not afraid will be the builders of tomorrow.
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