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subject: The Government Grants [print this page]


Maybe some of us get to the point that we have money issues, it's either for business, education, for foods, clothing, residential and many more.

You may choose from a wide range of government agencies that offers the specific grant that you need. It can be from the Federal government, state government s and local governments as well. So many grants to choose, but you have to know if your qualified to it. You need to know the qualifications of the grant that you are applying for, and other options that they are offering, so it would be hassle free when you submit your documents to the right government agency. Be sure that you have the right papers before you submit it.

Formula grants are those grants that usually provide funds as mandated by the existing law. This type of grant might be a sum of money that US government needs to spend to protect the forests or provide services to demote substance abuse. Earmark grants are issued through legislators and being added to a certain bill that was being passed that also helps particular projects to acquire funding without any public reviews. In the Earmark Grants, there could be large possibilities of abusing it by the legislators. Project grants are issued to companies or person for the purpose of researching. A good example for this would be one pharmaceutical company that tried to develops a certain drug to fight a particular disease.

The Federal grants are usually given to a certain companies and firms instead of the individuals. There are three types of federal grants and they are the Project grants, the Earmark grants and the Formula Grants. Federal grants refer to grants that are mostly given to firms and companies and not for a certain individuals. These grants have three categories which are Earmark Grants, project grants and formula grants.

College Education is also vital for parents when it comes to sending their children to college, and there are government grants that can really help them for this matter.

by: David Anderson...




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