Understanding Federal Grants (Part 1)

by | Federal Grants

 Let me start off by asking you this question. How would you like free money that you will never have to pay back, from the federal government? Sounds great doesn’t it? Well, the simple truth is that you can get it if the government decides to award you a federal grant. Now getting that grant may not be as easy as just asking the federal government for help. It usually consists of a standard application process which can be tedious without understanding federal grants and how they work. Below is some information that can be useful in obtaining a federal grant.

Get A Federal Grant Today!

 

But what is a federal grant?

Basically it is financial assistance given from one of the 26 federal agencies. When it is given, it is suppose to carry out a public purpose of support or stimulation authorized by a law of the United States government.

 

 

understanding federal grantsThere are two types of federal grants. Project grants and formula grants.

Project grants are aimed for the arts, education, health care, scientific research, social services and technology development. Formula grants on the other hand are mandated by law and there are various levels for this type of grant including; categorical, block and earmark grants.

Categorical grants have a narrowly defined purpose and recipients must have the same amount of money needed to take part of this program. They also carry more strict and specific provisions on the way the grant money is to be spent.

Apply for Federal Grants Here

 

A block grant on the other hand is a large sum of money granted by the national government to a regional government with only
general provisions as to the way it is to be spent. To get a block grant, you don’t need to produce a certain amount of capital.

Of the three, earmarks grants are the most controversial, because lobbyists not ordinary people are the ones involved in securing it. The Office of Management and Budget (OMB) defines earmarks as “namely specified funds for projects, activities, or institutions not requested by the executive, or add-ons to requested funds which Congress directs for specific activities.” Basically meaning that an earmark is simply any spending on any project that is not explicitly in the President’s budget.

 

But how do you apply for a federal grant?

Just like with anything else. If you want a grant you have to apply for it and it isn’t always an easy process. But if you win the grant your efforts will be well rewarded. To apply for any grant you have to fill out an application form and then attach specified documents to it. The most important of which happens to be your proposal. Your proposal should not only have a nice cover letter. It must have something worth reading from beginning to end.

While introductions are nice, those reviewing your proposal want to know more specifically about the problems your proposal plans to address, your objectives, how you propose to reach your goals, how much money you will need, the length of time of the project will take and a summary of what you are proposing.

When it comes to applying for a grant there is a bit of a learning curve and you must be prepared to do you research and submit a good proposal. Before you send out your proposal for the grant, write it one or two times and then have this checked by an outside party. If you are not happy with the proposal, rewrite it again because everything should be clear and concise.

When the final draft has been made, bind everything together using either clamps or hard covers. To insure that your proposal
gets the attention it deserves it is a good idea to contact the Federal agency you are writing to and ask them which type of
binding they prefer. You will also want to send your proposal by registered mail.

Aside from federal grants, there are grants offered by private non-profit organizations such as foundations, not-for-profit
corporations or charitable trusts which are all collectively referred to as charities. So don’t lose hope if your application for a federal grant was given to someone else.

Federal grants are one way that the government gives back some of the money that it gets from taxpayers and if after careful
review the grant committee sees that your proposal will benefit your community or even a greater number of its citizens, there is little doubt that you will be awarded the money for your project.

As I mentioned earlier there is a learning curve when it comes to applying for grants, but don’t let that stop you. There is plenty of help available and even people that will write your proposal for you. So, if you really want a grant or you need funding for a special project don’t get discouraged. Sometimes you will have to go through the same process several times before you see results.

Find A Federal Grant That Is Right For You

 

Continue to Understanding Federal Grants Part 2

 

Health Insurance Coverage Changes | ACHA
Healthcare reform tends to be tricky and complex as it attempts to find a common ground that is beneficial for all people. Burdened by the political firestorms that surround it, the new healthcare bill approved by the House of Representatives will...
Feeling Lost? Free (Or Cheap) Career Assessment Tools
In today's world, more people are struggling to pay/find for housing, medical bills, education, and other aspects of life. As a result, embarking on a new career is becoming a popular option to better themselves and their families. However, when choosing a new career,...
Is Rent to Own Housing An Option?
Rent to own housing is a popular term that should be carefully considered. It can be an agreement between owner and seller to rent or lease a property until it is paid in full. The plan can work several different ways, some have zero deposits and no...
How To Get A Work-From-Home Job and Earn $275 Per Day
How To Get A Work-From-Home Job & Earn $275 Per Day There are many advantages to working from home. There's no expensive and time-consuming commute, for example, and it's also possible to work from home while juggling other responsibilities. However, while many...
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...
The Best Self Help Gurus
In the world today, it is easy to come across scammers looking to take advantage of people in their weakest moments. The realm of self-help is no different. In fact, it can be much worse. Self-help scammers apply abstract concepts so that unsuspecting people will fork...
Walmart Owes Money
Wal-Mart is a nationally recognized big box store offering low prices for customers who have everyday needs. The store employs more than 1.2 million people, and many of them are currently in a situation in which they could receive a big payout from the company for...
How to Manage Credit Card Payments
Do you have issues paying off credit cards? Sometimes the interest itself can be an overwhelming monthly payment. We have gathered some information below from credit experts that can hopefully help you manage your payments and find a way out from under...
Teach Safety First
There is no denying the fact that the dangers out there are very real and your child is susceptible to them all. Luckily you can teach safety to help protect your little ones and keep them safe at any age as long as you are willing to take the necessary...
You Can Save Money on Your Monthly Bills By Reading These Tips
When you add up the total cost of your monthly utility bills, you may be astounded by how expensive utilities can be. This may be particularly true during peak usage months in the height of summer and in the dead of winter. You and your family...
Finding Employment with Job Searches
Finding Employment with Job Searches Sometimes, life hits Americans hard. With ups and downs in the economy, it may be difficult to maintain consistent employment over a long period of time. Fortunately, there are options to help find a new job or career. In the...
Tips for Insurance Discounts
Home insurance and automobile insurance might be must-haves, but it doesn’t have to cost you an arm and a leg to have the appropriate coverages. There are things you can do to get discounts on your homeowners insurance and automobile insurance. Here are...
Helping Homelessness with Government Grants
 Poverty and homelessness in the United States and around the world is increasing on a daily basis. Here in the United States, rising housing costs and lower livable wages have been among the 2 biggest contributing factors. Lack of mental health facilities...
Ways to Face Fears | Succeed
All of us have a hard time with failure, and it can often lead us to feeling insecure about ourselves. It can even begin to compound our fears and leave us feeling nervous and anxious in unfamiliar situations. We want to be able to predict and control everything that...
Inexpensive Public School Alternatives
Sending kids to the public school a few blocks away is a simple task for some families. However, not all parents wish to follow this route. They may have concerns about the safety of the public school in the neighborhood, or they may want a different type of education...
Section 8 Housing | Where Do I Start?
Ok, what exactly is section 8 housing? Section 8 housing is also known as the Housing Choice Voucher Program. It is very fortunate here in the USA that housing assistance exists for low-income families, elderly, disabled and mentally challenged. The...
Getting The Most Out of Your Dental Insurance
If you have dental insurance, it is imperative to know how to get the best out of it. There are several things that you need to understand to maximize the cover for the betterment of your teeth. Your dentist is the most resourceful person to advise you on how to get...
“Believe in The Power of 3”
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 magnifies everything you already have and...
Who Qualifies for VA Home Loans
For many veterans and their families, buying a home can be a difficult experience. Many veterans have little patience for the drawn out process of finding a loan, and others have not always had the best luck with credit. Fortunately, Veterans Affairs (VA) can help....
Best Advice for Seeking Employment
Your career and life depend on you taking the time to learn all that you can about earning gainful employment. You cannot get a job without finding the right approach that will open up opportunities. Keep reading if you wish to learn more. Speak with...

The Premier Forex League

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 to Receive New Assistance Updates

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

Thank You! You will now receive the latest assistance updates!

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

Share This