Do you Want or Need a Grant
Ways to Obtain Grants
It is harder for an individual to apply for a grant, as opposed to a business venture to do so. In business ventures, it is easier for them to come up with a proposal because they already have the documents to back up their proposal. These documents are from the manuscripts to their company. The government agency then reviews how appropriate this request is to the objectives and goals of the company. When it is in accordance, then the grant is approved.
As for individual grants, you have to justify to the government agency why you deserve the grant.
Finding the grant suitable for you may be easy because of the various online sites there providing you with the information you need. Nonetheless, you must never buy into their words just like that. Some promotions and advertisements proudly announce that you can get "free money" just by composing a letter. This is one of their tactics to prevail on the competition of getting clients to apply for their grant services.
First of all, re-evaluate why you need a grant. It is not enough to want it because when you approach a government agency, you have to defend it – therefore raising the issue of how much you need it that the government will fund it for you.
For personal reasons, government grants assists in buying new homes for families that incur low monthly income. They also help out in repairing their homes, as well as paying for the rent, mortgage and utility bills. The government agency funds the purchase of a new car as well as rearing children expenses and academic tutoring. However, it may sound so good but these are mostly applied to families who are not as well-off as the average American family.
If you come from these low income families, then you can apply for a grant. If you are granted, then lucky you! There are grants bestowed on businesses and there are grants for individuals. Individuals apply for grants mostly because they need assistance in their educational expenses. Some individual grants are of service to the arts. Others are to conduct researches on scientific discoveries.
If you would like to apply for your education then good news for you because the government gives away grants for education. Their services range from pre-school children and nursery, be it private or public, primary or secondary. It is a way for the government to ensure that the education of men and women are pushed to its fullest potential.
In fact, the deserving students can choose any school of their choice on a scholarship grant. They can be there as a scholar or as an athlete even. They can choose any major like engineering, business management, computer science, medicine or law. They can also opt for undergraduate, graduate, professional or foreign studies.
Sometimes we can’t help but wish that the grants we receive are quickly processed. However, it takes months for the government agency to review your proposal. Just as it also takes months for you to receive the funding.
Although if you do think about it, most government agencies do require a written proposal from the individual on why they should give him the grant. The proposal must contain his objectives and his plans. It will also be better if the budget is included in his proposal. It is also advised that he mention the activities he is planning on doing so that the government agency will be assured the individual is worthy of being invested on.
Grants are free because unlike with credit card companies, you do not have to pay back what you owe. Although, once the individual received a grant, it is necessary that he updates the government agency with progress reports, program evaluation and financial reports of his endeavor.
If you feel, think and believe that you meet the qualifications for the grant, then prepare yourself for the hard work it entails. Or if you want, you can always hire a credible professional to help you out.
One thing you must always remember is that there is a difference between want and need. How much you want a grant is not equal to how much you need the grant you are applying for. That is why the government agency will be the judge of whether you get the grant or not.
About the Author
David is the owner of Easy Grant Money, A site devoted to learning more about the government grant process.
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