Info about Grants

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USA Government grants in 2010

Grants are special funds allocated by a Government department, corporation, trust or foundation to a recipient which might be an individual, a business company or educational institutions (often nonprofit).


In the United States these grants are issued by the government and a large range of private and public trusts and foundations. The majority of the US governmental grants are related to university studies, they are allocated to students through attending post-secondary education institution; sometimes, these grants have the shape of a loan in order to allow students to continue their education.


For 2010, in US there have been emitted more than one thousand federal programs, 24.000 State Programs, there are 30.000 Private foundations and 20.000 Scholarship programs available. More, there are more than 1500 government grant programs only for this year.


What the regular American citizen don’t know and it might be useful is that you can apply for as many governmental grants as you want; you can get a certain amount to fix your roof or to start up a small business, there are even grants meant to help you pay your bills and the beautiful part is that you don’t have to give the money back, you don’t need credit checks, no co-signers, you can apply even if you have a bad payment bank history or bankruptcy.


Here are the major sectors targeted by US Government grants in 2010:


- Business grants – you can receive up to $250.000 depending on your needs
- Women grants – statistics say the two of three women start up their own business so this grants are to help women entrepreneurs along the process;
- Personal grants – for people in financial difficulty due to unemployment, illness or having only a part time job;
- Housing grants – meant to help purchasing homes, to rent a property, etc.
- College grants – you can receive