A federal government grant is not a benefit or entitlement. Nor is it considered to be a personal or business loan. Basically stated,federal government grants are financial awards for assistance to a public recipient. The recipient must be in the industry of carrying out services or support as deemed by the United States laws. In addition,federal grants may not be used to acquire property or secure a service that provides direct benefit to the federal government.
Federal government grant categories include: agriculture; arts; business and commerce; community development; disaster prevention and relief; education and employment and training. Other categories include: food and nutrition; health; housing; humanities; and transportation. From these categories, 26 lending agencies do business with awarding federal grants to the public. The National Aeronautics and Space Administration primarily funds projects to explore systems,science and space operations. The National Endowment for the Arts funds projects that support promotion of excellence in art. In addition,this foundation is the largest funding source for arts in the country.
Virtually any organization is eligible for applying to the federal government grant program. However, there are a few ineligible organizations. For example, small businesses that are for-profit organizations may not submit an application for government grant funding. These organizations are awarded a separate category of funding through the Small Business Administration. An individual may submit a grant funding application when not associated with an organization. The individual will be limited to viewing grants available only for individual purposes. Organization grants access will be denied.
Written by Justin Maeston. Find the latest information on Government Grants as well as Free Government Grants