Government Grants - What Can I Use Them For?

By Candace Crown

The government has over $350 billion dollars to give away in grants. There are about 1500 federal grants out there, ready to be given to those who deserve it. Anyone who meets the requirements can apply. It is up to you to find out if you qualify. There are millions of dollars that go unclaimed every year because people don't know the money is out there. All you have to do is make sure you qualify and apply to all the grants you can.

We hear these kinds of things all the time. But what is anyone doing about it? Many people don't apply for the grants because they don't know what they are offered for, or who they are offered to. There are all kinds of grants out there. There are four large groups that the majority of the grants go to. The more we know about government grants, the more likely we will be to receive one.

Government grants are offered for many different things, the largest budget for grants goes to small business grants. These grants are for the entrepreneur that is trying to start out. Every new business needs some money to start off. The nice thing about grants is that you don't have to pay them back. When you get a small business loan, you are able to start out, but you spend a lot of your time trying to pay back on the loan, and the interest of that loan. With a government grant you are able to get the money, start your business, and keep the money you are making. The next largest group is that of non-profit organizations. Even though the organization is not going to be bringing in revenue, it is expensive to start an organization like this. You need a lot of funding in order to start one up. It takes a lot of time, dedication and money. The government gives out grants for the starting of organizations like this.

The next group that can receive funding from the government is that of research and development. When researching a big project, a lot of time and money goes into everything. Money is needed to get supplies, and to perform the tests. This money can come from government grants. The government is in support of research and development. The government wants to see this country grow, and they are willing to help pay for that growth, through grants.

The last large group for government grants is that of college students. There are many students who are having a hard time finding funding for college. There are scholarships and loans available to students. Government grants, unlike student loans, do not need to be paid back. Grants are much like scholarships in the sense of them being like "free money". Grants, however, are given by the government. Scholarships can be from various organizations. The smartest thing for a student to do is, to apply for both scholarships and grants.

There are certain websites that are designed to help with applying for grants. There are sites that have been designed to help with applying for specific grants. For example, if you want help finding a college grant, you could go to a site like http://www.college-grants-now.com Go to the sites that are specific to the grant you would like to receive. You will be more successful when you are working with people who know the requirements for your type of grant.

All government grants have requirements that have to be met. You can not qualify for any grant. There are conditions that have to be met. Money does not grow on trees, but it is pretty readily available from the government. All you need to do is find a grant that works for you, apply and wait to hear the news.


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