Upcoming Changes for Grant Money Applicants

For low income families, making ends meet can be difficult at time. Just when you feel like you may be doing alright, an unexpected expense like car repairs or medical bills can wipe out any progress you’ve made. Fortunately, low-income families have options available when they are experiencing a financial hardship. One of these options is grant money.

Grants are free one time gifts that are available to certain individuals. Originally grants were only available toGrant Money organizations. They can be found at the local, state or federal level. Grants can also be found through corporations and non profits. Grants can help low income families with things like living expenses, job opportunities, insurance, child car, home energy costs, education and scholarships, tax preparation and much more! Grants are typically created to encourage a specific activity and may have limitations or requirements that determine funding eligibility.

 

 

Types of Grant Money

 

There are many types of grants available! We are going to look at some of the most popular types of grants available for individuals.

 

Home Ownership Grants – Home ownership grants are provided by organizations such as Habitat for Humanity. Funds for home ownership grants are provide in conjunction with the U.S. Housing and Urban Development’s (HUD’s) Self-Help Homeownership Opportunity Program, known as SHOP. Grants provided by SHOP are not allowed to exceed $15,000 per home. In addition the organization requires potential homeowners to invest manual labor into the building of their home. The goal of SHOP grants is to allow individuals who may not have otherwise been able to purchase a home, enter into home ownership.

 

Grants for Women – Grants for women are available to help women in a variety of positions. These grants are typical for business purposes to help offset the sometimes unjust system in the workplace. To find more information regarding grants for women visit grantsforwomen.org.

 

Grants for Minorities – Government money is available for minorities who are interested in being entrepreneurs, business owners, those who are wanting to go to school, own a home, and who may meet other requirements. Money is available for African Americans, Asians, Hispanics, American Indians, and any other minority group.

 

Education Grants – Education grants are for individuals who plan on attending college. These grants cover education related expenses like tuition and books. Education grants have income restrictions, but are not based on your credit score. To find out more information about education grants visit fafsa.gov. The most common grant related to education is the Federal Pell Grant.

 

Grants for the Disabled – There are many grants available for those with disabilities. The goal is to provide individuals who are disabled, but capable of living on their own, with the means to do so. With the grant money provided, disabled individuals can construct ramps onto their homes, install handicapped doorways, and make other necessary home renovations. In addition to home repairs some federal grant money can pay for medical assistance programs like home nurses.

 

Home Repair Grants – Individuals, who may not be able to obtain a home equity loan, may qualify for a home repair grant. These grants are available to help with home repairs that will make a house safe, or improve its energy efficiency. Types of home repairs may include upgrading electrical wiring, replacing a septic tank, or installing storm windows. The U.S. Department of Agriculture works in conjunction with programs like the Rural Repair and Rehabilitation Loans and Grants program to provide individuals with home repair grants. Local state and city offices may also offer similar types of home repairs.

 

Grants for Senior Citizens – There are many types of grants out there to assist senior citizens with housing costs, home repairs, and other living expenses. One of these organizations is The AARP. The AARP foundation is striving to work towards a country where no elderly person is living in poverty. One way they are reaching this goal is through grants. Their grants are used to serve those over the age of 50. To learn more about AARP grants visit aarp.org.

How Do I Find Grant Money?

 

There are many different types of grants available. A quick Google search related to the grant topic you are interested in applying for (i.e.: grants for women) will bring up numerous links. You can also visit the sites listed above related to the individual grants that you are interested in.

The key in finding grants is to search for the right type of grant. With thousands of grants available pertaining to many different specific situations, it is important to find the RIGHT grant for your situation.

 

Applying for Grant Money

 

Step 1 – Choose Your Grant – To begin applying for grants you must first find the grant that fits your circumstances and addresses your specific needs.

Step 2 – Gather Required Documents – You will typically need to gather certain documents and information needed for the application. You will want your W2’s, bank statements, paycheck stubs, expense documentations, proof of residence, social security numbers and other needed information.The reason for this information is to prove that you have a need for the grant based on economic hardship. The criteria required for each grant will vary.

Step 3 – Fill Out Application – While filling out your application it is important to fill it out correctly. Take the time to proofread your application, and make sure it is free of grammar and spelling errors. You will also want to make sure all information is accurate. Falsifying information is illegal and may have consequences.

Step 4 – Submit Your Grant Application – After you have completed your application, the next step is to submit and wait for a response. Many grants require you to submit your grant via mail, while others may be submitted electronically. Follow the steps in your grant application. The waiting period will vary from grant to grant.

 

I Was Approved — Now What?

 

Once you are approved for your grant it is important to know what you can and cannot use the money for. Follow all rules set forth by the company giving you the grant. In addition to following all the rules, you may want to find out whether or not you are required to claim the grant money as taxable income.

With billions of grant dollars available worldwide, the question may be asked, “why NOT apply for a grant?” If you are am individual who meets the qualifications, by all means APPLY for the grant.

There are grants available for just about anything, and these grants can help you obtain home repairs, an education, home buying assistance and much more. The only thing standing in your way is finding the grant that meets your needs! So, consider beginning that search today!

Click Here to Start Your Search For Grants!

 

Things You Need to Know About Section 8 Assistance
Things You Need to Know About Section 8 Housing Some families might find a safe, decent and affordable housing as a big challenge to tackle. Majority of regions in the United States do not have rent control laws in place. Therefore some renters find affording a...
Which Student Loan Repayment Options Work for You?
Which Student Loan Repayment Options Work for You? The student loan process can be tricky and difficult to understand. Students often overlook the process from the beginning of college until graduation, never realizing the impact of the loans until payment become due...
Receiving $4000 in Rebates from Your Home
Receiving $4000 in Rebates from Your Home Are there any home improvements that you have been contemplating lately? Are you struggling to make ends meet already? Learn more about three Programs a that could help you and millions of homeowners qualify for...
Run A Background Check When Applying for Jobs!
Run A Background Check When Applying for Jobs! Social media is everywhere in the air around us today. Hence it is natural for you to assume you can handpick and choose what you want your employees to see. Most people therefore imagine that once they clean up their...
Best Credit Cards for A Questionable Credit History
Best Credit Cards for A Questionable Credit History Life does not always work out as planned. Sometimes, a gap in employment leads to a few missed payments, and eviction, or a repossessed vehicle. These things happen to most people. In order build credit back up, a...
Searching for Online and Freelance Employment
Searching for Online & Freelance Employment Many career fields and skills do not fall under traditional frameworks for employment. Writers, photographers, marketers, teachers and artists may be able to find work as online freelancers to continue improving their...
Five Great Resources for Working from Home
Five Great Resources for Working from Home There have been thousands of people watching “Good Morning America” who have sent us messages thanking use for helping them to make the money while working at home. For anyone who hasn’t yet taken the leap forward but feel as...
HARP Eligibility and Assistance
HARP Eligibility and Assistance If your mortgage is making your financial life more difficult than you expected, you can get assistance through a program called HARP (Home Affordable Refinance Program). HARP eligibility is easy to determine as there are several...
“Believe in The Power of 3”
"Believe in The Power of 3" What is the Power of 3²? The number 3 is the first number to which the meaning “All” was given. It is the number of the whole as it contains the beginning, a middle, and an end. When you raise the number 3 to a second power, it simply...
Best and Worst Student Loan Services
Best and Worst Student Loan Services This is the time of year when hundreds of thousands of Americans begin to prepare for their first semester in college. They begin to seek out the items that will sustain them during dorm life. Parents spend money on new sheets, hot...
Applying and Making Phone Calls to Potential Employers
Applying and Making Phone Calls to Potential Employers Applying to Places Not Hiring: A Wise Move or Not? Are you in desperate need of a job? If you are currently unemployed or if you truly think that your current job is making you “crazy,” you may be due for a new...
Find The Best Section 8 Homes & Rentals
Find The Best Section 8 Homes & Rentals Are you feeling a little frustrated searching for Section 8 homes and rental property? Below is a list of multiple Section 8 housing resources. These are not in any particular order. These are just eight very good resources to...
Best Way to Build Your Credit Rating
Best Way To Build Your Credit Rating In today’s world, credit can be easily destroyed. If you are young and entering the adult world, you may not always understand how to maintain a great credit rating. Often, you do not qualify for a loan or credit card due to having...
Self Help Works Too!
Self-Help Works Too! Government assistance serves as a great safety net for a lot of people. Unemployment, SNAP, Social Security Disability, and other benefits operate as a great way to prevent total financial collapse following negative life events. However, each of...
Family Relief and Government Assistance
Family Relief and Government Assistance Let's begin with this. No One Is Guaranteed Government Assistance Just For Existing. That being said, Government aid can be very helpful to those enduring a financial struggle or hardship. It can also be beneficial for those...
Rental Assistance and Low Cost Apartments
Rental Assistance and Low Cost Apartments With todays economy fluctuating , many individuals and families are struggling to pay bills in a timely fashion, including their rent. The good news is that there are a variety of options available to anyone who is facing late...
Which Protection Is Best?
Keep Your Information Safe! Makes A Great Christmas Present! Credit card numbers are sacred these days. We’d never give them out to a stranger because credit card fraud and stolen identities are never more than one mistake away. But what if I told you that somebody...
This is A Problem! She’s Had 12 Babies Without Ever Working.
Here is #13. She's Had 12 Babies Without Ever Working. We have all seen some Moms do some pretty unbelievable things, but this one really takes the cake. Cheryl Prudham is known by many as "the most shameless woman in Britain". Prudham is a mother of 12...
Financial Aid: Grants for Women
Financial Aid: Grants for Women Thanks to thousands of grants, women who want to go back to college and earn a degree can do so without worrying about large tuition fees. Grants are available for single moms, minority women, and women that are going in to specific...
How Do I Get FHA Refunds?
Although FHA refunds are for people who have FHA-insured mortgage loans, not everyone is entitled to a refund. Various factors are considered to determine who can receive a refund. FHA refunds are available for those who finance their homes within three...

Subscribe

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Family Picnic

Enter Your Email for Best Results

Due to the overwhelming response, please enter your name and email to ensure the proper search results.

You Are On Your Way!

Pin It on Pinterest