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Grants can be of very much importance if received for the
right cause. United States federal government allocates hundreds of thousand
grants to people who need it desperately. Just imagine billions of dollars are
given to pay for various needs of American citizens and most of this money is
for free.
Now you must be thinking which type of funding will be
suitable for me. There are many types of grants available with federal
government and many other private funders. There around thousand types of
various financial endowments to chose from according to your need. Some of them
grants are:
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Education grants: education grants are given to
students who cannot afford to pay for their school or college expenses. Federal
government and other private funders have come up with these student financialgrants . These
student aids help student belonging to low or middle class achieve higher
education easily.
Government started these programs so that
they can improve the status of education and to help students who really want
to study. There are specific education programs for women too where they can
achieve college education and attain a bachelor’s degree. Educational funding
is of two types:
o
Pell grant which is allocated to students who
cannot afford to pay for their college. It is mostly granted to students
belonging to families with low to moderate income. Most number of Pell grants
is given to students whose family income per annum is around $30,000. But there
is a catch.
The
amount of pell grant is decided on the basis of difference between costs of
college and expected family contribution, type of program, duration of academic
year etc. These are mostly taken as tuition grants to pay for the college tuition fee. Anyone can apply for these educational grants; however students
who are or were imprisoned for drug related crimes or sexual abuse has limited
chances to get these grants.
o
Scholarships: Another type of education
endowment is scholarships. These are given in form of awards to students who
excel in academic, athletic or any other field. Scholarships are mostly given
by schools, private organization, colleges, community or faith based
organizations, nonprofit organizations, business houses, academic associations,
literary associations etc.
You
can get more information about them at your nearest library, museums, community
hall, or websites of various organizations. Depending on your capability or
quality you can get full or partial scholarship. Full scholarship pays for
entire expenses of college for the full program including tuition fee,
dormitory, books, or any other payments. But partial scholarships only pay for
either tuition or books or dormitory.
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Personal grants: personal grants are the
financial helps given to people who want to use it for their own personal
needs. Needs which are justifiable like you won’t get grants if you have
applied it to have new cable connection, new cloths, home makeovers or luxury
items. Personal grants include various grants like education grants, home grants, health care grants etc.
o Housing
grants: United States Department of Housing And Urban Development started this
initiative under which government provides a sufficient amount of money to
people who need to repair or modify their damaged properties. Under this
program many people belonging to low income group were beneficiated.
These people got money in
form of grants to repair their flooring, walls, roofing and chimneys. Generally
these grants are not given directly to them but through some nonprofit
organization or some government organization. It was because Department of
Housing and Urban Development wanted to make sure that all the money is used
for the purpose it was asked for and not any other reason.
o Real
estate grants: state government worried about decreasing economy and increasing
rate of unemployment started this measure to attract businessmen and business
organizations to expand their business in their state. This will generate more
jobs and hence redundancy can be curbed. In this type of grant, land is given
for free or on controlled prices to private companies and business
organizations.
Not just new business
organizations, state governments also help the existing business owners to
expand their business and generate more jobs. State governments take help of
the various communities to do this task conveniently.
o Health
care grants: health care grants are given to nonprofit organizations or private
medical centers to improve health care facility in a particular area. It can be
for expansion of the medical facility or to buy some new technology to provide
better health care to citizens of United States.
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Business grants: business grants are given to
business organizations, companies or businessmen to expand, introduce new
technology, and start training sessions for its employees or to generate more
jobs. Federal government has started one more initiative in this field-
business grants for women. Women government grants a given as a reward to
business women who has more than 51 percent share in any company or business
organization.
o Training
grants: If any businessmen want to start a training program so that his workers
can learn new techniques of business world he can seek business training
grants. These training programs are very beneficial to increase the growth of
the company and hence boosting the profits along with economy of United States.
o Green
business grants: green business grants are given to businessmen or business
organizations who want to introduce methods to decrease industrial pollution and
make environment better. These grants are also given to organization who
determined towards increasing the use of green fuel and want to limit or
decrease the consumption of fossil fuel. It also includes the companies who
want to reduce the use of energy and follow sustainable development. Many
organizations have become green with green business grants.
If
you want more information regarding home grants, student financial grants,
tuition grants, business grants or real estate grants then visit newusagrants.com.
They will provide you all the information and assistance regarding these
grants. Just fill out the form given on this website and get grants.
