What are Government Grants?
Government Grants are financial assistance from the Federal Government. Each year the government gives out around $360 billion annually for research, businesses and organizations. Grant money is given away for several reasons including community service, growing small businesses, humanities and arts programs, research and development in the science fields, and stimulating the economy. Government grant money that is awarded never needs to be paid back, but are usually awarded to recipients who demonstrate in their application that they are in financial need or that they will meet the non-financial conditions requested in the application.
Who is Eligible for a Grant?
- If you are a US resident or citizen over the age of 18 you are eligible for a government grant and we recommend you apply. If you are an organization that can best help improve society or the economy, you should look into applying for government grants that can help your organization meet your goals.
Types of Grants Available (click each one for more info)
- Business Grants
- Women’s Grants
- College Grants
- Personal Grants
- Housing Grants
- Minority Grants
- Private Grants
- Medical Grants
- College Scholarships
- College Grants for Single Mothers
How Much Can I Get from a Government Grant?
- Amounts vary depending on which grants you apply for. Typically grants are from $15,000 to $250,000. Larger amounts are usually granted to organizations and small businesses, but individuals can still receive them.
Is Now a Good Time to Apply for a Grant?
- Absolutely, now is one of the best times to apply for a grant because the government is trying harder than ever to stimulate our economy. The two bailout stimulus packages that have been passed within the last couple of months are further proof of the government pouring money into our economic system. If you are in need of stimulus or grant assistance, now is as good of a time as ever.
