Government grants are federal or state monies that are made available without repayment. There are grants available for various purposes, such as paying down debt, getting an education, starting a new business and more. Government grants are funding awards that may come with conditions, or may come free of any obligation at all. Those grants that do come with conditions are often called forgivable loans, as the principle amount is not forgiven until those terms and conditions are met. Government grants are made in order to persuade or assist enterprises to pursue courses of action that are deemed to be socially or economically desirable. The range of grants available is very wide and changes regularly, reflecting changes in government policy.
Information individuals need about government grant programs includes understanding what grants are available, who is eligible, understanding who to contact about the requirements of the programs, and application and/or proposals required. All grant programs are different, and every program has it's own eligibility requirements and application procedures and processes. Information regarding their recent taxes, social security number, address and telephone numbers, place of employment, if they are working, should also be readily supplied. These applications are processed faster by faxing information in, than by traditionally mailing the paperwork in.
Individuals seeking government assistance may want to be aware that most organizations hire a person or team which deals only with government grant applications and processing, demonstrating how complex and involved the process can be.
Starting or expanding a small business is a common one, as is using the money provided to complete your education. The way the money is to be spent will be clearly specified in the grant application.
Federal student Aid or FAFSA is available if as a single mother you intend to go back to college. The lead time to get such aid is about three to four weeks, and besides your high school diploma you would need to be accepted in a particular institute before you can apply for the student aid. Federal Grants pass through many hands before it reach you. You can gain US federal grants right through the US government website also. Federally funded government grants can be searched by using a user friendly interface provided by the government grant sites. You'd better choose private grants, because private grants are sometimes fill as a first come, first qualify basis.
Public and private companies also give grants to students who have the potential to graduate with good grades. They also offer employment upon graduation to students that they have granted who have outstanding grades and knowledge.
Applicants for Certified Local Government Grants are required to use the web-based electronic grant application process. Exceptions are generally only made for those applicants who do not have access to the necessary equipment.
Even though it may sound difficult, There are all kinds of other grants (over 250K) and many of them have very few qualifications. Some are offered by the amount of money you make and pay taxes on, others are granted to new business owners, others for those that own homes or other assets, and many simply require you to be a tax paying citizen - that's IT.
Remember If you've already applied for grants in the past , and got denied,you can always apply again. But my suggestion is that you should prepare yourself better than you've ever done before.