Distinguishing the Different Forms of Federal Grants
There are two forms of federal grants around that will enable you to get money from the government. The first is the direct grant which means applying for it directly. The second is the pass through grant which your state applies for you and once it is approved, the money is sent to you. Which one should you use to get a federal grant? To answer that you have to know the pros and cons of each one. If you apply for a direct grant, you do not have to deal with a middle person. You apply for it and then wait for the response from the government. When you file for a direct grant, you talk directly with the officer in charge in a division of a federal agency. This will allow you to get in touch with them if you have problems and guide you through the application process. The challenging part in getting the direct grant is that you have to compete with people applying from all across the country. If the budget for this year is only good to accommodate a handful of grants, the chances are one a in a million that you will be the one to get it. What is even more challenging is that the direct grant is usually given to people living in urban areas and in US territories that are classified as high pockets of poverty and are designated as federal empowerment zones, federal enterprise zones, or colonial communities. So if you are not living in one of these areas, don’t keep your hopes up. Let’s now talk about the pass through grants. When the state is applying for the grant in your behalf, you only compete with other individuals in your state. This means the number of applicants competing for it are fewer than at the direct grant level. If you want to make an impact, you have to make a personal appearance before your state agency. While you are there, you can get a feel of the place, tips of how to win the grant and even a copy of a successful grant application from a previous competition. Perhaps the only disadvantage with the pass through grant is the fact that the money that will be awarded is smaller than that of the direct grant. This is because the state gets some of the money to pay for administrative costs while some of it will be divided geographically and politically. Under the pass through grant, you have the competitive and the formula grant. To win the competitive grant, you need to send your application and if upon review you score the highest, only then will you get funding. The formula grant is money that is disbursed by the state agency based on a preset standard or formula. To apply for it, you just need to fill up the application with a guide of how calculate the formula. Most proposals that are made are requested as long as there is budget available. Now that you know the two forms of federal grants and the pros and cons, you now have an idea how to get money from the government. You can apply for one or both at the same time and if your efforts are not successful, you have to find the funding you need elsewhere.
More Grant Writing ArticlesDistinguishing the Different Forms of Federal Grants There are two forms of federal grants around that will enable you to get money from the government. ...read more Federal Grant As Debt Relief The government offers federal grant and financial assistant to hose who are having problems recovering from debt. Because of the ... read more Federal Grant for Small Businesses Is It Really True? Contrary to what most people think, there are no small business grants offered by the federal ... read more Federal Grants And Disability Federal grants are money and financial aid provided to individuals and groups to improve their lives. Yearly, there are big amounts ... read more Federal Grants And Education Education is something that we find worth not sacrificing. Education trains our mind and prepares our body, mind and spirit in ... read more Federal Grants And Housing The United States has been facing an economic slowdown, the economy is facing an economic crisis which is in fact affecting ... read more Federal Grants And Its Role In Health Care According to USAspending.gov, a website that promotes transparency, stated that in 2008, the United States government spent ... read more Federal Grants And Other Economic Aids Federal grants are money or financial assistance awarded and authorized by the United State government to different non-profit organizations. ... read more Federal Grants Assisting Women Federal grants have always been available for non-profit organizations and institutions to help the public improve the services the receive. Federal ... read more Federal Grants For Minorities It is the government’s responsibility to provide the needs of its people regardless of its gender, ethnicity of religion. But in ... read more
|
|
Disclosure: Advertisements are placed on this website to offset the cost of maintenance and to keep this site free for everyone to use. Owners of this website will receive compensation for products and services purchased through featured advertisements. All claims of actual user results should be considered atypical best case scenarios and not in the norm. |
